Overview

A class action lawsuit has been filed against Match Group, Inc. (“Match Group” or the “Company”) (NASDAQ: MTCH) and certain of the Company’s former senior executive officers alleging violations of the federal securities laws.  The Match Group class action lawsuit is brought on behalf of all persons and entities who purchased or otherwise acquired publicly traded Match Group securities between May 2, 2023, and November 6, 2024, both dates inclusive (the “Class Period”).  Investors have until January 24, 2025 to seek appointment as lead plaintiff in the Match Group class action lawsuit.

Match Group, through its portfolio companies, is a leading provider of digital technologies designed to help people make meaningful connections.  Our global portfolio of brands includes Tinder®, Hinge®, Match®, Meetic®, OkCupid®, Pairs™, Plenty of Fish®, Azar®, BLK®, and more, each built to increase our users’ likelihood of connecting with others.  Through our trusted brands, we provide tailored services to meet the varying preferences of our users.

Pertinent to this action is the Company’s Tinder app.  After instituting policies which led to the removal of at least 2 million Tinder users, which in part contributed to the number of monthly active users (“MAU”) declining, the Company assured the market that it was on a path to positive MAU growth on the Tinder app when in fact it was not.

The Match Group class action lawsuit alleges that Defendants, throughout the Class Period, made materially false and/or misleading statements, as well as failed to disclose material adverse facts, about the Company’s business and operations.  Specifically, Defendants misrepresented and/or failed to disclose that: (1) Match Group materially understated the challenges affecting Tinder and, as a result, understated the risk that Tinder’s MAU count would not recover by the time that Match Group reported its financial results for the third quarter of 2024; and (2) as a result, Defendants’ statements about Match Group’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all times.  When the true details entered the market, the lawsuit claims that investors suffered damages.

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If you purchased or otherwise acquired publicly traded Match Group securities between May 2, 2023, and November 6, 2024, both dates inclusive, and you wish to serve as lead plaintiff in this lawsuit, we encourage you to submit your information to DiCello Levitt LLP via the form on this page. 

You can also contact DiCello Levitt partner Brian O’Mara by calling (888) 287-9005 or at [email protected]. 

The deadline to apply to the Court to serve as a lead plaintiff in the Match Group class action lawsuit is January 24, 2025.