(Reuters) - Match Group Inc said on Wednesday it would pay Tinder founders $441 million to settle a case in which the dating app's executives claimed the parent company lowballed the app's value to avoid paying billions of dollars.
The lawsuit filed in 2018 had stated that IAC/InterActiveCorp and subsidiary Match deliberately prevented Tinder founders Sean Rad, Justin Mateen and Jonathan Badeen from cashing in stock options they could exercise and sell to IAC.
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