The founders of the dating app Tinder, along with current executives and some of its employees, filed a lawsuit Tuesday against IAC/ InterActiveCorp and its Match Group subsidiary for allegedly bilking them by manipulating financial information to create a lowball estimate of Tinder’s value.
They are seeking at least $2 billion in the lawsuit against Match and IAC, which is controlled by media mogul Barry Diller.
IAC and Match Group, of which Tinder is now part, called the allegations in the lawsuit “meritless.”
This story is from the August 18,2018 edition of Techlife News.
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This story is from the August 18,2018 edition of Techlife News.
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