An investor in NASDAQ:MTCH shares filed a lawsuit in the U.S. District Court for the Northern District of Texas over alleged violations of Federal Securities Laws by Match Group Inc.
Investors who purchased shares of Match Group Inc (NASDAQ:MTCH) have certain options and for certain investors are short and strict deadlines running. Deadline: April 26, 2016. NASDAQ:MTCH investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The plaintiff alleges on behalf of all persons or entities who purchased or otherwise acquired 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 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 of Match Group Inc (NASDAQ:MTCH) declined to as low as $8.75 per share on February 4, 2016.
On March 15, 2016, NASDAQ:MTCH shares closed at $11.16 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