Thursday, March 30, 2017

Judge dismisses investors' lawsuit against OrderUp founder

A New York federal court judge threw out a lawsuit alleging OrderUp founder Chris Jeffery defrauded early investors in the meal delivery company prior to its $69 million sale to Groupon Inc. Last May, several angel investors filed the lawsuit alleging OrderUp’s board of directors and Jeffery, misled them about the company’s financial future, shortly before it was acquired by Groupon. The investors claimed they were tricked into giving up their interest in Baltimore-based OrderUp, and thus missed…



from http://www.bizjournals.com/baltimore/news/2017/03/30/judge-dismisses-investors-lawsuit-against-orderup.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/159015189787

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