Match settles a lawsuit with former Tinder employees
Former Tinder employees, led by Tinder cofounder Sean Rad, have settled a lawsuit with Match Group Inc. The plaintiffs claim that the company understated the value of Tinder in 2017 to make their stock options less valuable and appealing. Match has agreed to pay $441 million in the settlement and plans to pay with “cash on hand.”
See "Match settles a lawsuit with former Tinder employees", Emily Bary, Market Watch, December 1, 2021