Grindr Director Allegedly Profited from Short-Swing Trades

A Grindr Inc. director earned more than $200,000 in short-swing trading profits that must be returned to the dating app company, two shareholders say in a new lawsuit.

George Raymond Zage III and his investment funds traded Grindr common stock and warrants between Aug. 21 and Sept. 15 without an exception, according to the complaint.