Match Group Inc
0 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS
Case Summary | |
Company Name: | Match Group Inc |
Stock Symbol : | NASDAQ: MTCH |
Class Period Start: | 11/18/2015 |
Class Period End: | 02/26/2016 |
Lead Plaintiff motion: | 04/26/2016 |
Date Filed: | 02/26/2016 |
Type of Case: | Securities Class Action |
Court: | U.S. District Court for the Northern District of Texas |
Summary: | Thieler Law Corp advises investors with losses exceeding $100,000 of the April 26, 2016 lead plaintiff deadline in a class action lawsuit filed against Match Group Inc (NASDAQ: MTCH) (“Match Group” or “the Company”). The suit is pending in the U.S. District Court for the Northern District of Texas and investors, who purchased Match Group Inc securities between November 18, 2015 and February 26, 2016, have until April 26, 2016 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class. If you purchased Match Group Inc securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class. The complaint alleges on behalf of all persons or entities who purchased or otherwise acquired Match Group Inc securities pursuant or traceable to the Company’s Registration Statement and Prospectus issued in connection with the Company’s Initial Public Offering, that the defendants violated Federal Securities Laws. On November 19, 2015, Match Group sold 33,333,333 shares at $12.00 per share as part of its Initial Public Offering. On February 2, 2016, Match Group disclosed a decline in total user growth and per-user revenue, and the cannibalization of users and revenues across competing platforms. Match Group also disclosed that its net income had fallen and that there had been a decline in revenue in its Princeton Review segment. Following this news, NASDAQ: MTCH shares declined causing investors harm. If you were negatively impacted by your investment in Match Group Inc securities between November 18, 2015 and February 26, 2016 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation. Thieler Law Corp purchases advertisements on search engines, social media sites and other websites. If you send us information, note that does not create an attorney-client relationship with the firm. Thieler Law Corp 2534 State Street - Suite 406, San Diego, CA 92101 by email: mail@thielerlaw.com or telephone at +1 (619) 377 - 4324 or visit our website http://www.thielerlaw.com/ or Facsimile: +1 (619) 785 – 3185
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