NEW YORK, May 03, 2023 (GLOBE NEWSWIRE) -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Match Group, Inc. (NASDAQ: MTCH).

To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/match-group-inc-loss-submission-form/?from=3

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.

CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (628) 895-0423
F: (212) 537-5887

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