Bumble drops its $400M lawsuit against Match, but this battle isn’t over

Bumbleand Match’s ongoing legal battles are continuing today. According to a statement released by MatchGroup this morning, Bumble is dropping its $400 million lawsuit against Match, which had claimed Match fraudulently obtained trade secrets during acquisition talks. However, Bumble is preparing to refile its suit at the state level, we’re hearing.
If you haven’t been following, the two companies have been doing battle in the court system for some time after Match Group failed