MTCH SHAREHOLDER ALERT: Jakubowitz Law Reminds Match Shareho...| MENAFN.COM

Friday, 24 March 2023 09:25 GMT

MTCH SHAREHOLDER ALERT: Jakubowitz Law Reminds Match Shareholders Of A Lead Plaintiff Deadline Of May 5, 2023

(MENAFN- PR Newswire) NEW YORK, March 17, 2023 /PRNewswire/ --Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Match Group, Inc. (NASDAQ: mtch ).

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This lawsuit is on behalf of a class of all persons and entities who purchased or otherwise acquired Match common stock between November 3, 2021, through January 31, 2023.

Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until May 5, 2023 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

According to a filed complaint, Match Group, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) the Company was not effectively executing on Tinder's new product initiatives; (2) as a result, the Company was not on track to deliver Tinder's planned product initiatives in 2022; and (3) therefore, defendants' statements about the Company's business, operations, and prospects lacked a reasonable basis.

Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.


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SOURCE Jakubowitz Law


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