litigation
confidence high
sentiment negative
materiality 0.85
Match Group settles Tinder valuation lawsuit for $441M
Match Group, Inc.
- Settlement of Rad v. IAC/InterActiveCorp and related arbitrations.
- Match Group pays $441 million to plaintiffs from cash on hand.
- Plaintiffs dismiss all claims related to the 2017 Tinder valuation.
- Parties issued a joint media statement on the settlement.