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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Match Group Inc (NASDAQ: MTCH) violated securities laws in connection with certain financial statements.
The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Match Group Inc (NASDAQ: MTCH) concerning whether a series of statements by Match Group Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On September 25, 2019, The Federal Trade Commission revealed that it had sued Match.com for using artificial love interest ads to deceive consumers into buying or upgrading subscriptions, failing to resolve disputed charges, and for intentionally making it difficult to cancel subscriptions.
Following this news, NASDAQ: MTCH fell over 8%, over two consecutive trading days to close at $71.44 per share.
Based in Dallas, Texas, and founded in 2009 Match Group Inc provides dating products worldwide. It operates a portfolio of brands, including Tinder, Match, PlentyOfFish, Meetic, OkCupid, OurTime, Pairs, and Hinge, as well as other brands.
If you purchased shares of Match Group Inc (NASDAQ: MTCH) on or before September 25, 2019, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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