An Interest In:
Web News this Week
- April 15, 2024
- April 14, 2024
- April 13, 2024
- April 12, 2024
- April 11, 2024
- April 10, 2024
- April 9, 2024
August 14, 2018 06:58 pm GMT
More about Tinder, Lawsuits, Sean Rad, Match Group, and Tech
Original Link: http://feeds.mashable.com/~r/mashable/tech/~3/WISpoSqr80M/
Sean Rad, early Tinder employees, sue Tinder owners IAC/Match for billions
They call it selling out for a reason.
On Tuesday, ten Tinder co-founders and early employees filed a lawsuit against the dating app's overlords, InterActiveCorp (IAC) and Match Group. The plaintiffs, who include co-founders Sean Rad, Justin Mateen, and Jonathan Badeen, allege that the corporate owners deliberately sought to manipulate the valuation of Tinder, in order to lower the pay-out price for these early employees' stock options, and that it restructured Tinder within Match to deny them future pay-outs.
Gibson Dunn is representing the ten plaintiffs.
SEE ALSO: Tinder really, really wants you to think you’re swiping around for lasting love Read more...
Original Link: http://feeds.mashable.com/~r/mashable/tech/~3/WISpoSqr80M/
Share this article:
Tweet
View Full Article
Mashable
Mashable is the top source for news in social and digital media, technology and web culture.More About this Source Visit Mashable