Tinder has for the second time won preliminary approval of a proposed class settlement to end a lawsuit over its practice of charging 30-and-over users almost twice as much for premium subscriptions—but only after increasing the value of the original deal and scrapping its “clear-sailing” provision.
Tinder’s first settlement was finally approved in June 2019 but came undone after the U.S. Court of Appeals for the Ninth Circuit said it wasn’t worth the $24 million valuation the district court had assigned to it. It also hadn’t been adequately scrutinized for signs of collusion—namely a provision that shielded class counsel’s $1.2 ...