The Shareholders Foundation announced that a deadline is coming up on April 26, 2016 in the lawsuit filed for certain investors in NASDAQ:MTCH shares over alleged securities laws violations by Match Group Inc
Investors who purchased shares of Match Group Inc (NASDAQ:MTCH) have certain options and there are strict and short deadlines running. Deadline: April 26, 2016. NASDAQ:MTCH stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The plaintiff alleges on behalf of purchasers of Match Group Inc (NASDAQ:MTCH) securities pursuant or traceable to the Company’s Registration Statement and Prospectus (collectively, the “Registration Statement”) issued in connection with the Company’s IPO, that the defendants violated Federal Securities Laws.
On November 19, 2015, Match Group conducted its initial public offering (IPO), selling 33,333,333 shares at $12.00 per share. Shares of Match Group Inc (NASDAQ:MTCH) reached as high as $15.20 per share on November 20, 2015.
On February 2, 2016, Match Group Inc (NASDAQ:MTCH) reported its fourth quarter and full year 2015 results. Among other things, Match Group Inc disclosed that its fourth quarter net income declined from $48.27 million in the fourth quarter 2014 to $35.59 million in the fourth quarter 2015 and that its annual Net income declined from $147.76 million in 2014 to $120.38 million in 2015. Shares o Match Group Inc (NASDAQ:MTCH) declined to as low as $8.75 per share on February 4, 2016.
On April 22 2016, NASDAQ:MTCH shares closed at $11.73 per share.
Those who purchased NASDAQ:MTCH shares have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com