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'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 />
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