Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, May 04, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Match Group, Inc. (“Match” or the “Company”) (NASDAQ: MTCH) investors that a lawsuit filed on behalf of investors that purchased Match securities between November 3, 2021 and January 31, 2023, both dates inclusive (the “Class Period”).
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
Match released its Q2 2022 financial results on August 2, 2022, warning of slow growth for Tinder in H2 2022 due to poor product execution. Match's stock price fell by 17.6% on August 3, 2022. On January 31, 2023, Match reported disappointing financial results for 2022, and the stock price fell by 5% on February 1, 2023. The lawsuit claims that throughout the Class Period, Match made false and misleading statements and failed to disclose material adverse facts about the Company's business, operations, and prospects regarding Tinder's new product initiatives.
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The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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