{"id":790881,"date":"2024-11-26T12:22:04","date_gmt":"2024-11-26T17:22:04","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/gainey-mckenna-egleston-announces-a-class-action-lawsuit-has-been-filed-against-match-group-inc-mtch\/"},"modified":"2024-11-26T12:22:04","modified_gmt":"2024-11-26T17:22:04","slug":"gainey-mckenna-egleston-announces-a-class-action-lawsuit-has-been-filed-against-match-group-inc-mtch","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/gainey-mckenna-egleston-announces-a-class-action-lawsuit-has-been-filed-against-match-group-inc-mtch\/","title":{"rendered":"Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Match Group, Inc. (MTCH)"},"content":{"rendered":"
\n

NEW YORK, Nov. 26, 2024 (GLOBE NEWSWIRE) — Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Central District of California on behalf of all persons or entities who purchased or otherwise acquired Match Group, Inc. (\u201cMatch Group\u201d or the \u201cCompany\u201d) (NASDAQ: MTCH) securities between May 2, 2023 and November 6, 2024, inclusive (the \u201cClass Period\u201d). The lawsuit seeks to recover damages for the Company\u2019s investors under the federal securities laws.<\/p>\n

The Complaint alleges that Defendants made false and\/or misleading statements and\/or failed to disclose that: (1) Match Group materially understated the challenges affecting Tinder and, as a result, understated the risk that Tinder\u2019s monthly active user count would not recover by the time that Match Group reported its financial results for the third quarter of 2024; and (2) as a result, Defendants\u2019 statements about Match Group\u2019s business, operations, and prospects were materially false and misleading and\/or lacked a reasonable basis at all times. When the true details entered the market, the lawsuit claims that investors suffered damages.<\/p>\n

Investors who purchased or otherwise acquired shares of Match Group should contact the Firm prior to the January 24, 2025<\/em><\/strong> lead plaintiff motion deadline. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to discuss your rights or interests regarding this class action, please contact Thomas J. McKenna, Esq. or Gregory M. Egleston, Esq. of Gainey McKenna & Egleston at (212) 983-1300, or via e-mail at tjmckenna@gme-law.com<\/u><\/a> or gegleston@gme-law.com<\/u><\/a>.<\/p>\n

Please visit our website at http:\/\/www.gme-law.com<\/u><\/a> for more information about the firm.<\/p>\n

\"\"
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<\/div>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, Nov. 26, 2024 (GLOBE NEWSWIRE) — Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Central District of California on behalf of all persons or entities who purchased or otherwise acquired Match Group, Inc. (\u201cMatch Group\u201d or the \u201cCompany\u201d) (NASDAQ: MTCH) securities between May 2, 2023 and November 6, 2024, inclusive (the \u201cClass Period\u201d). The lawsuit seeks to recover damages for the Company\u2019s investors under the federal securities laws. The Complaint alleges that Defendants made false and\/or misleading statements and\/or failed to disclose that: (1) Match Group materially understated the challenges affecting Tinder and, as a result, understated the risk that Tinder\u2019s monthly active user … <\/p>\n

Continue reading “Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Match Group, Inc. (MTCH)”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-790881","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nGainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Match Group, Inc. 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(\u201cMatch Group\u201d or the \u201cCompany\u201d) (NASDAQ: MTCH) securities between May 2, 2023 and November 6, 2024, inclusive (the \u201cClass Period\u201d). The lawsuit seeks to recover damages for the Company\u2019s investors under the federal securities laws. The Complaint alleges that Defendants made false and\/or misleading statements and\/or failed to disclose that: (1) Match Group materially understated the challenges affecting Tinder and, as a result, understated the risk that Tinder\u2019s monthly active user … Continue reading "Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Match Group, Inc. 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