An investigation on behalf of current long term investors in Match Group, Inc. (NASDAQ:MTCH) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 05/31/2023 -- Certain directors of Match Group, Inc are under investigation concerning potential breaches of fiduciary duties.
Investors who are current long term investors in Match Group, Inc. (NASDAQ: MTCH) shares, have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm for investors in NASDAQ: MTCH stocks follows a lawsuit filed against Match Group, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: MTCH stocks, concerns whether certain Match Group, Inc. directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that, the Defendants misrepresented and/or failed to disclose that Match was not effectively executing on Tinder's new product initiatives, that as a result, Match was not on track to deliver Tinder's planned product initiatives in 2022, and that therefore, Defendants' statements about Match's business, operations, and prospects lacked a reasonable basis.
Those who purchased shares of Match Group, Inc. (NASDAQ: MTCH) have certain options and should contact the Shareholders Foundation.
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The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.