THE VERGE – June 14 – The judge rejects IAC / Match Group's motion to dismiss Sean Rad's case, allowing Rad and his co-plaintiffs to pursue their allegations that Match Group and IAC purposely undervalued Tinder in an effort to avoid paying out billions of dollars in stock options to the original dating app team. It's still unclear whether former plaintiffs like Rosette Pambakian, who alleged sexual misconduct on the part of IAC executives, will be able to participate in the lawsuit. She and three other plaintiffs withdrew from the lawsuit over an arbitration clause, but "without prejudice," which means that they could theoretically rejoin.
by Ashley Carman
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