Johnson Fistel Investigates the Grindr Board for Potential Breaches of Fiduciary Duties Relating to the Grindr Buyout Termination

SAN DIEGO--(BUSINESS WIRE)--Johnson Fistel, PLLP announces an investigation into potential breaches of fiduciary duty by the Board of Directors of Grindr Inc. (NYSE: GRND).

The investigation concerns the Board’s decision to terminate negotiations with Grindr’s controlling stockholder and whether that decision—and related recent corporate actions—were consistent with the duties owed to all stockholders, particularly minority holders.

We are reviewing whether the Board’s choices may have impacted stockholder rights, including the balance of control at the Company and the treatment of non-controlling investors.

If you own Grindr shares please consider joining our investigation. To participate or learn more, you can click or copy and paste the following link: https://www.johnsonfistel.com/investigations/grindr-grnd/

Shareholders seeking more information may also contact lead analyst Jim Baker ([e-mail], 619-814-4471). If emailing, please include a phone number.

About Johnson Fistel, PLLP | Securities Fraud & Investor Rights

Johnson Fistel, PLLP is a nationally recognized shareholder-rights law firm with offices in California, New York, Georgia, Idaho, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits and also assists foreign investors who purchased shares on U.S. exchanges. Stay informed about stock-drop news and learn how Johnson Fistel can help you recover losses by visiting www.johnsonfistel.com.

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