Back March, popular dating app Bumble filed a $400 million buck lawsuit against Match Group, owners for the contending application, Tinder. Match attempted to purchase the competition just last year вЂ“ a move that the second claims had messed having its company methods.
The lawsuit defines involvement that is matchвЂ™s вЂњfraudulentвЂќ for the reason that they took trade secrets in this instance. Conversely, Match had filed a patent infringement lawsuit against Bumble previously that same thirty days.
Bumble creator and CEO Whitney Wolfe Herd , Image from Recode
Allegation vs. Allegation
In accordance with BumbleвЂ™s lawsuit, Match groupвЂ™s lawsuit ended up being utterly unneeded. They do say it just arrived following the former rejected MatchвЂ™s initial offer of $450 million:
вЂњUnwilling to pay for reasonable value for Bumble, Match attempted to poison Bumble within the investment market by filing bogus intellectual home claims to wrongfully disparage the Bumble platform.вЂќ
Fleetingly later, Match taken care of immediately the countersuit, claiming it as вЂњpetulant and meritless:вЂќ
вЂњThis lawsuit is a petulant and meritless reaction to our patent and trade secret claims. A week ago, Bumble stated our issue ended up being baseless and wonвЂ™t affect them, and also this week they claim it really is вЂњchillingвЂќ the purchase of these business. In addition they shockingly declare that our patents given because of the usa Patent & Trademark Office are вЂњbogusвЂќ. We clearly think their lawsuit doesn’t have substance and appear ahead to demonstrating that in court.вЂќ