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Barry Diller’s IAC Sued by Tinder Co-Founders for $2 Billion.

Former Tinder CEO Sean Rad and some more current and former employees are suing IAC and Match Group, alleging the businesses intentionally undervalued the favorite dating application to deny very early workforce billions in commodity.

A group of Tinder co-founders and existing and previous workforce is actually suing IAC and fit Group across valuation of prominent dating software.

The suit, filed Tuesday in nyc, alleges that Barry Diller’s IAC and its particular complement party subsidiary intentionally undervalued Tinder to refute very early employees billions of cash in commodity.