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IAC sues Tinder co-founder over business documents, escalating court fight

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IAC sues Tinder co-founder over business documents, escalating court fight
FILE PHOTO: The dating app Tinder is shown on an Apple iPhone in this photo illustration taken February 10, 2016. REUTERS/Mike Blake/Illustration/File Photo   -   Copyright  Mike Blake(Reuters)
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By Jan Wolfe

(Reuters) – Online dating company Match Group Inc <MTCH.O> and its owner IAC/InterActiveCorp <IAC.O> on Tuesday filed a lawsuit accusing Sean Rad, a former employee known for co-founding the popular dating service Tinder, of stealing company files and other proprietary information.

The lawsuit, filed in state court in Manhattan, came six months after Rad and other Tinder co-founders sued IAC, accusing it of deflating Tinder’s valuation to avoid paying them.

Tinder is one of several dating services under the umbrella of Match Group, which is mostly owned by IAC.

(Reporting by Jan Wolfe; editing by Jonathan Oatis)

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