11:34 ET Johnson Fistel Investigates the Grindr Board for Potential Breaches of Fiduciary Duties Relating to the Grindr Buyout Termination

, /PRNewswire/ -- 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 ([email protected], 619-814-4471). If emailing, please include a phone number. About Johnson Fistel, PLLP | Securities Fraud & Investor RightsJohnson 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. AchievementIn 2024, Johnson Fistel was ranked among the Top 10 Plaintiff Law Firms by ISS Securities Class Action Services. This recognition reflects the firm's effectiveness in advocating for investors, having recovered approximately $90,725,000 for aggrieved clients in cases where it served as lead or co-lead counsel. This marks the eighth time the firm has been recognized as a top plaintiffs' securities law firm in the United States, based on the total dollar value of final recoveries. Attorney advertising.Past results do not guarantee future outcomes.Services may be performed by attorneys in any of our offices.Johnson Fistel, PLLP has paid for the dissemination of this promotional communication, and Frank J. Johnson is the attorney responsible for its content. ContactJohnson Fistel, PLLP501 W. Broadway, Suite 800San Diego, CA 92101James Baker, Investor Relations – or – Frank J. Johnson, Esq.(619) 814-4471 | [email protected] | [email protected] SOURCE Johnson Fistel, PLLP