Match Group stock tumbled as much as 9% after the Federal Trade Commission announced a lawsuit alleging the company used fake love-interest ads to lure consumers into buying subscriptions. Consumers purchasing Match.com subscriptions “generally were unaware” that as many as 25% to 30% of members were using the platform for scams, the FTC said Wednesday. Watch Match trade live here. Tinder- …
A former ESPN announcer in the middle of a lawsuit against the company said Wednesday that he had suffered a heart attack linked to stress from the legal dispute. Doug Adler told Fox Sports Radio’s Clay Travis that he was taken to the hospital Tuesday and was still there. Adler said doctors blamed the heart attack on stress stemming from people calling him a racist.
Georgia’s voter registration process violates the Voting Rights Act and has prevented tens of thousands of residents, mostly minorities, from registering to vote, according to a federal lawsuit filed Wednesday. Under a policy implemented in 2010, people aren’t added to the voter rolls if identifying information on their applications doesn’t exactly match information in databases …
Eugenie Bouchard’s fall last year at the United States Open is still reverberating. Bouchard, who late one night after a mixed-doubles win sustained a concussion that forced her to withdraw and miss subsequent tournaments, filed a lawsuit in October against the U.S. Open and the United States Tennis Association. Ranked 39th, Bouchard lost her first-round match at this year’s Open on Tuesday …
The 2015 boxing match between Floyd Mayweather and Manny Pacquiao, billed as the Fight of the Century, was widely seen as a disappointment. Now, a year after a hail of class action lawsuits followed the match, Showtime Networks Inc. (SNI) is suing Pacquiao’s promoter Top Rank Inc. (TRI) for an alleged failure to live up to an indemnification agreement. In New York federal court, Showtime filed …
Two years after the launch of dating app 3nder, Match Group, the owner of red-hot dating app Tinder, is suing for trademark infringement. 3nder has been called the “Tinder for threesomes” since its launch, and the company has long embraced that marketing. (Its official tagline: “Date kinky, curious, and open-minded couples and singles.”)