Match Group, Inc. is an American company that owns and operates a large global portfolio of popular online dating services including Tinder, Match.com, OkCupid, Hinge, and others.

According to the law firm press release, on November 19, 2015, Match Group sold 33,333,333 shares at $12.00 per share as part of its Initial Public Offering. Then on February 2, 2016, Match Group revealed to investors a decline in total user growth and per-user revenue, and the cannibalization of users and revenues across competing platforms. They also revealed that the Company’s net income has consistently fallen and that there had been a decline in revenue in their Princeton Review segment.

Shares of Match Group fell from a close of $12.79 prior to the announcement, to a recent close of just $9.76 on February 4, 2016.

On June 9, 2016, the Court issued an Order appointing Lead Plaintiff and Lead Counsel. Lead Plaintiffs filed an amended consolidated Complaint on September 9. On November 8, Defendants filed a Motion to Dismiss the amended consolidated Complaint. On September 27, 2017, the Court issued an Order denying Defendants' Motions to Dismiss.

Lead Plaintiffs filed a second amended consolidated Complaint on October 30. Defendants filed a Motion to Dismiss the second amended consolidated Complaint on December 14. On August 24, 2018, the Court issued an Order granting Defendants' Motion to Dismiss, dismissing the case with prejudice.