Former Employee Wins Legal Feud to Open Up Startup’s Books - News Summed Up

Former Employee Wins Legal Feud to Open Up Startup’s Books


A former manager at privately held Domo Inc. has prevailed in a legal fight to obtain financial records from the company, affirming the rights of startup investors and employee shareholders. Last week, Jay Biederman received Domo’s audited financial statements, according to people familiar with the case, after a Delaware judge ruled last month that he was entitled to the information so he can value his shares in the business software...


Source: Wall Street Journal January 26, 2017 13:00 UTC



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