Tag: Tinder

Tinder founders sue parent firm alleging cheating on stock options

SAN FRANCISCO, United States (AFP)–Tinder founders and early employees filed a lawsuit Tuesday accusing parent firm InterActiveCorp of cheating them out of billions of dollars by manipulating the value of stock options for the popular dating app. The suit filed in New York contends that IAC and its spinoff Match Group, which owns Tinder, schemed to dramatically drive down the value of stock options and then eliminate them altogether. The companies “made contractual promises to […]