ROSEN, A LEADING LAW FIRM, Announces Filing of Securities Class Action Lawsuit Against Match Group, Inc.

NEW YORK (STL.News) Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Match Group, Inc. (NASDAQ: MTCH) from August 6, 2019 through September 25, 2019, inclusive (the “Class Period).  The lawsuit seeks to recover damages for Match investors under the federal securities laws.

To join the Match class action, go to http://www.rosenlegal.com/cases-register-1684.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE.  YOU MAY RETAIN COUNSEL OF YOUR CHOICE.  YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT.  AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Match used fake love interest ads to convince customers to buy and upgrade subscriptions; (2) Match made it difficult and confusing for consumers to cancel their subscriptions; (3) Match was reasonably likely to be subject to regulatory scrutiny; (4) Match lacked adequate disclosure controls and procedures; and (5) as a result, Match’s public statements were materially false and misleading at all relevant times.  When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 2, 2019.  A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.  If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-1684.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at (866) 767-3653 or via e-mail at pkim@rosenlegal.com or cases@rosenlegal.com.

NEWS PROVIDED BY Rosen Law Firm, P.A.