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 and NASDAQ: MTCH stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 02/19/2020 -- 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 failed to disclose to investors that the Company used fake love interest ads to convince customers to buy and upgrade subscriptions, that the Company made it difficult and confusing for consumers to cancel their subscriptions, that, as a result, the Company was reasonably likely to be subject to regulatory scrutiny, that the Company lacked adequate disclosure controls and procedures, and that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects, were materially misleading and/or 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.