Friday, 24 March, 2023

Match Group pays $441 M to settle lawsuit with Tinder founders

<p>Match Group said it would pay Tinder founders $441 M to settle a lawsuit. The dating app&#39;s executives alleged the parent company undervalued the app to avoid paying billions of dollars. The lawsuit stated IAC/InterActiveCorp and its subsidiary Match purposefully prohibited Tinder founders Sean Rad, Justin Mateen, and Jonathan Badeen from cashing in stock options that they could exercise and sell to IAC.<br /> &nbsp;</p>