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6.93962526024936E-05 -0.000277585010409383 0.00027758501040958 -0.000277585010409383 0.000555170020818963 0.000555170020818963 0.000555170020818963 0.000555170020818963
Stock impact report

Tinder co-founder’s lawsuit against Tinder parent company moves closer to a trial [The Verge]

Match Group, Inc. (MTCH) 
Last match group, inc. earnings: 2/4 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.mtch.com/investor-relations
Company Research Source: The Verge
Tinder co-founder’s lawsuit against Tinder parent company moves closer to a trial co-founder Sean Rad’s $2 billion lawsuit In a statement to The Verge Most of IAC’s arguments in the motion to dismiss focused on procedure and timing of the case, not the substance of Rad’s claims. IAC argued that too much time had passed between this lawsuit and the initial valuation, which Rad and his co-plaintiffs argue was a fraud. The judge rejected the defendants’ claim, and further allowed four plaintiffs — Rad, Paul Cafardo, Gareth Johnson, and Ryan Ogle — to pursue punitive damages and benefits from promised future valuation events that never occurred because was merged into Match Group. Former Head of US Expansion Alexa Mateen and co-founder Justin Mateen will not be able to benefit off those future valuations because they left the company prior to the May valuation that put the dating app’s worth at $3 billion. Do you have more to say about what’s happening with Match or ? @ashleyrcarman us Show less Read more
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