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Tinder's value at the time was set at billion, unchanged from a valuation that had been done two years earlier, despite rapid growth in revenue and subscribers. The suit charges that executives with Match and IAC deliberately manipulated the data given to the banks, overestimating expenses and underestimating potential revenue growth, in order to keep the 2017 valuation artificially low. That manipulation allegedly deprived some early Tinder employees of millions, or billions, of dollars."They lied about the financial performance. They manipulated financial data, and essentially stole billions of dollars by not paying us what they contractually owe us," Rad said in an interview with CNN. "We're here to preserve our rights and to fight for what's right, for what was promised us."The suit does not offer an alternative valuation, and when asked by CNN, Rad refused to give an estimate other than to say it was "multiples" of the billion figure.The suit seeks at least billion in damages, and according to the suit the plaintiffs' options accounted for more than 20% of the company. That would suggest the plaintiffs are alleging that Tinder was undervalued by at least billion, putting its total value at about billion.But Match Group, which is publicly traded and includes Tinder along with other dating apps, has a market cap of only about .5 billion. IAC overall, which is controlled by media magnate Barry Diller and which also includes brands such as Angie's List and The Daily Beast in addition to the services that make up Match, has a market cap of about billion. The price of both stocks slumped immediately after the suit was filed.Tinder's success is driving much of that value. Last week, shares of Match shot up 17 percent in a single day and shares of IAC jumped nearly 8 percent after Match reported huge gains from Tinder. Revenue from Tinder alone was up 136 percent over the last year, coupled with an 81% increase in the number of subscribers. On an investor call about the earnings report, Match's CFO told investors it now expects Tinder to generate 0 million in revenue this year, which he called a "phenomenal achievement." The suit says that is 75 percent higher than the 2018 estimate used in the 2017 valuation. 2277

This ruling goes against what the legislature outlined when they wrote and approved Florida’s law to implement the constitutional amendment that was approved by an overwhelmingly bipartisan majority. The department has appealed the ruling and the appeal imposes an automatic stay. 280

Their training was put to the test that night. Verduzco held down a fence to get people out, McGrath shepherded dozens of people to safety and Winston drove dozens to the hospital. 180

Though it's unclear if Trump is experiencing symptoms of the virus or how severe his case is, Pence would assume control of the presidency should Trump become incapacitated, according to the 25th Amendment.White House Chief of Staff Mark Meadows tested negative for the virus on Friday, and in a gaggle with reporters said that other "core members" of the White House staff had tested negative, including Jared Kushner and Dan Scavino.Meadows also told reporters that he "fully expects" more White House staffers to contract the virus as the pandemic continues.Later on Monday morning, Treasury spokesperson Monica Crowley confirmed that Treasury Sec. Steve Mnuchin had also tested negative on Friday morning."As part of regular protocols, Secretary @stevenmnuchin1 has been tested daily for COVID-19,"she wrote. "He tested negative for COVID-19 this morning and will continue to be tested daily." 897

Throughout the years, fragments of large rockets and mortar shells have been unearthed, but none of them were considered to be live explosives.Still, "there's the possibility you could find some projectiles," said Brooks Hubbard with the Army Corps of Engineers.They are overseeing the investigation to determine if there is any risk of unexploded munitions.On Thursday, they surveyed a property owned by the City of San Diego south of Nobel Drive and west of the 805 freeway using a heavy-duty metal detector.The large, yellow device is connected to a GPS system that maps areas where metal is detected.Hubbard says once that data is analyzed, the Corps will determine if they need to come back to excavate suspicious areas.They estimate the project will last two to three months. 786