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INVESTOR ACTION NOTICE: Moore Law PLLC Encourages Investors in Grindr Inc. (GRND) to Contact Law Firm
GlobeNewswire Inc.·
Moore Law PLLC is investigating Grindr Inc.'s $500 million stock repurchase program, alleging the board breached fiduciary duties by allowing buybacks to continue despite knowing they would push Chairman G. Raymond Zage III's ownership above 50% without requiring a control premium. The repurchases reduced outstanding shares to 187,032,103 by September 2025, increasing Zage's beneficial ownership to approximately 50.11%. Grindr stock has declined approximately 25% over the past 12 months.
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