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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…More about Tinder, Lawsuits, Sean Rad, Match Group, and Tech

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