News Formal

Dozens of BuzzFeed employees sue company over botched IPO

  • 📰 axios
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Dozens of current and former BuzzFeed employees have sued the company alleging that its mismanaged IPO cost them millions of dollars, according to copies of two separate complaints obtained by Axios.

Why it matters:

The second complaint's claimants are mostly former writers and other members of the BuzzFeed editorial staff. Sources tell Axios that Continental is still BuzzFeed's transfer agent, and that Continental has yet to be served either complaint. Continental declined to comment on the pending legal action.The first complaint represents 44 former and current BuzzFeed employees with 400,000 company shares. It says BuzzFeed collectively owes them more than $4.6 million in damages.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 302. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

SF Tech Company Helps Ukrainian Employees Flee to SafetySan Francisco-based company Just answer is helping over 200 employees in the Ukraine flee to safety.
Fonte: nbcsandiego - 🏆 524. / 51 Leggi di più »