{"id":983333,"date":"2026-07-21T15:00:48","date_gmt":"2026-07-21T19:00:48","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-action-notice-moore-law-pllc-encourages-investors-in-grindr-inc-grnd-to-contact-law-firm\/"},"modified":"2026-07-21T15:00:48","modified_gmt":"2026-07-21T19:00:48","slug":"investor-action-notice-moore-law-pllc-encourages-investors-in-grindr-inc-grnd-to-contact-law-firm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-action-notice-moore-law-pllc-encourages-investors-in-grindr-inc-grnd-to-contact-law-firm\/","title":{"rendered":"INVESTOR ACTION NOTICE: Moore Law PLLC Encourages Investors in Grindr Inc. (GRND)\u00a0to Contact Law Firm"},"content":{"rendered":"<div class=\"mw_release\">\n<p>NEW YORK, July  21, 2026  (GLOBE NEWSWIRE) &#8212; Moore Law, PLLC, a shareholder litigation law firm located on Wall Street, is investigating:<\/p>\n<ul type=\"disc\">\n<li>\n          <strong><br \/>\n            <u>Grindr Inc. (NYSE: GRND)<\/u><br \/>\n          <\/strong> shareholders should email <a href=\"mailto:fletcher@fmoorelaw.com\" rel=\"nofollow\" target=\"_blank\">fletcher@fmoorelaw.com<\/a><\/p>\n<\/li>\n<\/ul>\n<p>The investigation is related to a share repurchase program that may have handed majority voting control to Chairman G. Raymond Zage III without requiring him to pay a control premium. Public filings provide a credible basis that Grindr&#8217;s board may have breached its fiduciary duties by continuing a $500 million stock buyback program after learning it could push Zage&#8217;s ownership above 50%. Grindr launched a program in March 2025 authorizing up to $500 million in stock repurchases through March 2027. The board recognized from the outset that continued buybacks could increase Zage&#8217;s ownership above 50% and instructed management to alert directors if that became likely. By August 2025, management warned that the threshold could be crossed, prompting the board to create a special committee to evaluate whether the repurchases should continue.<\/p>\n<p>The special committee ultimately authorized continued buybacks even if they pushed Zage above the majority ownership threshold. On Sept. 19, 2025, Grindr completed repurchases that reduced its outstanding shares to 187,032,103, increasing Zage&#8217;s beneficial ownership to about 50.11%. These repurchases increasing Zage&#8217;s beneficial ownership to about 50.11% may be detrimental or adverse to interests of other stockholders. Over the last 12 months, <strong>Grindr <\/strong>stock is down approximately 25% from approximately $20.00 to $15.38.<\/p>\n<p>If you own <strong>Grindr Inc. (NYSE: GRND) <\/strong>securities, please contact\u00a0Fletcher Moore at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=JVL3oKQ8CcsKD7VRxa8l5uPitwdw11DXNPgkNwiI83HRasS-9VIlvox__9GrlDfVLf8NbFumRfyK61_9-Jy-Ps9tK6mrFpA4ci7M9phH0ZU=\" rel=\"nofollow\" target=\"_blank\">fletcher@fmoorelaw.com<\/a>.<\/p>\n<p align=\"justify\">You may be able to seek monetary damages, corporate governance reforms, reimbursement to the company, and a court approved incentive award at no cost to you whatsoever. <strong><em>All representation is on a contingency fee basis. Shareholders pay no fees or expenses.<\/em><\/strong><\/p>\n<p>MOORE LAW PLLC<br \/>30 Wall Street, 8<sup>th<\/sup> Floor<br \/>New York, NY 10005<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=JVL3oKQ8CcsKD7VRxa8l5uPitwdw11DXNPgkNwiI83FeR3MW5boDpWPCFh07_Ij0oVD1nh9H-6CHQQeIdqxtSUEIGU9ZsqmoBOiOC1kTHuA=\" rel=\"nofollow\" target=\"_blank\">fletcher@fmoorelaw.com<\/a><br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=u7Rvz1fQMSRA8SbFzo5EVo_qX7Mcy-zVUDuRgEcVKsdHryRWcn_Qswes7h6PeR0Vt_j4XZemEVJyiaWz5zWh7nhtM1Ar9k0hlh0sY12UkMc=\" rel=\"nofollow\" target=\"_blank\">www.fmoorelaw.com<\/a><\/p>\n<p>\n        \n      <\/p>\n<p>A photo accompanying this announcement is available at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=1Dqf-DhRVozaRgUcSNWNus2yICGhVVb6TduCsTfCb0SPogRLqoSECVE-_t0bOJJRRT0o9ty_K7J743l2s9HmxOi85RXbzEvZ_6F3fGTS2ZLznDOxC2HIbpezMyAErDK2GF7t0r8mefWzI11Ub5YcqC2KdHavD22P2rXyqTM3TBb1vHdZUZYVcS9-Yfchd6dlrbp6rQrg1MulBMvCT2lN8qrK5yFEN3dmG6s5K7k_SQh3zAU_c8Dsu_fYzTyBXKznZygxPk4XYsZCM-7wF5h7nA==\" rel=\"nofollow\" target=\"_blank\">https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/7546cca8-ccd3-49d8-9075-0698e254e309<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTc2NTc5OCM3NzE2NDU5IzIyOTE0NjU=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/MDVhM2ViMzItNGJjMi00YzBhLWEwMjQtNmM2ODMwNzcyNjFmLTEzMDMwMTUtMjAyNi0wNy0yMS1lbg==\/tiny\/Moore-Law-PLLC.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, July 21, 2026 (GLOBE NEWSWIRE) &#8212; Moore Law, PLLC, a shareholder litigation law firm located on Wall Street, is investigating: Grindr Inc. (NYSE: GRND) shareholders should email fletcher@fmoorelaw.com The investigation is related to a share repurchase program that may have handed majority voting control to Chairman G. Raymond Zage III without requiring him to pay a control premium. Public filings provide a credible basis that Grindr&#8217;s board may have breached its fiduciary duties by continuing a $500 million stock buyback program after learning it could push Zage&#8217;s ownership above 50%. Grindr launched a program in March 2025 authorizing up to $500 million in stock repurchases through March 2027. The board recognized from the outset that continued buybacks could &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/investor-action-notice-moore-law-pllc-encourages-investors-in-grindr-inc-grnd-to-contact-law-firm\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;INVESTOR ACTION NOTICE: Moore Law PLLC Encourages Investors in Grindr Inc. (GRND)\u00a0to Contact Law Firm&#8221;<\/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-983333","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>INVESTOR ACTION NOTICE: Moore Law PLLC Encourages Investors in Grindr Inc. (GRND)\u00a0to Contact Law Firm - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/investor-action-notice-moore-law-pllc-encourages-investors-in-grindr-inc-grnd-to-contact-law-firm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"INVESTOR ACTION NOTICE: Moore Law PLLC Encourages Investors in Grindr Inc. (GRND)\u00a0to Contact Law Firm - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, July 21, 2026 (GLOBE NEWSWIRE) &#8212; Moore Law, PLLC, a shareholder litigation law firm located on Wall Street, is investigating: Grindr Inc. (NYSE: GRND) shareholders should email fletcher@fmoorelaw.com The investigation is related to a share repurchase program that may have handed majority voting control to Chairman G. Raymond Zage III without requiring him to pay a control premium. Public filings provide a credible basis that Grindr&#8217;s board may have breached its fiduciary duties by continuing a $500 million stock buyback program after learning it could push Zage&#8217;s ownership above 50%. Grindr launched a program in March 2025 authorizing up to $500 million in stock repurchases through March 2027. The board recognized from the outset that continued buybacks could &hellip; Continue reading &quot;INVESTOR ACTION NOTICE: Moore Law PLLC Encourages Investors in Grindr Inc. 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