BLOOMBERG LAW - IAC/InterActiveCorp. and Match Group have hired well-known trial lawyer Bill Carmody to defend the companies in a $2B lawsuit by Tinder founder Sean Rad set to go to trial in less than three weeks. Rad and Tinder founders allege IAC and Match Group artificially devalued Tinder before the group could exercise stock options in the online dating platform. They claim the companies provided false information and covered up sexual misconduct accusations against a former Match Group executive as part of the scheme.
by Chris Opfer
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