Item 7.01. Regulation FD Disclosure. OnSeptember 27, 2019 ,Match Group, Inc. announced that the Company received a grand jury subpoena from theDepartment of Justice ("DOJ") for documents relating to certain marketing-related claims in theFederal Trade Commission's ("FTC") ongoing lawsuit against the Company, and that the Company would cooperate with DOJ in responding to the subpoena. OnSeptember 3, 2020 , the Company announced it had been notified by DOJ that the Company was released from any obligations arising from the grand-jury subpoena and that DOJ has closed its investigation. For a description of the ongoing lawsuit with theFTC (FTC v.Match Group, Inc. , No. 3:19:cv-02281-K (N.D. Tex .)), see "Part II-Item 1-Legal Proceedings" ofMatch Group's Quarterly Report on Form 10-Q for the quarter endedJune 30, 2020 .Match Group believes that theFTC's lawsuit regardingMatch.com's practices, policies, and procedures is without merit and will defend vigorously against it. References herein to "Match Group, Inc. " and "the Company" relating to events prior to the Company's separation fromIAC/InterActiveCorp ("IAC") onJune 30, 2020 , refer to the company then known as "Match Group, Inc. ," which merged with and into a wholly-owned subsidiary of the company now known asMatch Group, Inc. in connection with the separation from IAC.
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