Dating app Tinder's co-founders and former employees are suing parent companies Match Group and IAC for $2 billion in damages for allegedly manipulating financial information in order to reduce the platform's valuation and taking away employees' stock options.

"Through deception, bullying and outright lies, IAC/Match stole billions of dollars from the Tinder employees, who include founders Sean Rad, Justin Mateen and Jonathan Badeen, and three current senior executives," said a statement issued by the co-founders late on Tuesday.