Match Investors Want Class Status in Fake Dating Profiles Case

Match Group Inc. investors who say the company misled them about fake dating profiles and user retention asked a federal judge in Texas for permission to move forward with their securities suit as a class.

The case is a “quintessential securities fraud class action,” investors in the company behind online dating services including Match.com, Tinder, and OkCupid said in a memo filed in support of their class certification motion in the U.S. District Court for the Northern District of Texas.

Investors asked Judge Karen Gren Scholer to certify a class consisting of everyone who acquired Match common stock from Nov. ...