Tinder Founders, Execs File Suit Against IAC And Match Group

NEW YORK (AP) — 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