Sarah Emerson is a senior reporter who covers technology companies and culture in Silicon Valley. Previously, she wrote about tech for BuzzFeed News and VICE, and graduated from the University of Hawaiʻi, where she studied art history and was a fellow at the Smithsonian Institution.
Ryan Breslow , who dropped out of Stanford University to found Bolt , has been involved in several lawsuits over the past few years.of payments unicorn Bolt , has proposed a settlement with aggrieved investor Activant Capital , signaling the end of a fractious lawsuit in which Breslow was accused of saddling the company with $30 million in personal debt and removing the board members who had pushed him to repay it.
Got a tip for us? Contact reporters Sarah Emerson at semerson@forbes.com or 510-473-8820 on Signal, and Iain Martin at iain.martin@forbes.com. According to a settlement plan filed this week by Activant, Breslow and three current and former board members, Bolt will cancel 13,397,270 common shares previously owned by Breslow, which amount to $37,378,383. These same shares were already retitled to Bolt as part of a tender offer in January and were valued at $2.79, a higher price than those of investors and employees , aspreviously reported.
Bolt Activant Capital Lawsuit Board Members Maju Kuruvilla Startup Unicorn Billionaire
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ryan Reynolds Includes John Candy, Ryan Gosling Easter Eggs in Deadpool & Wolverine TrailerThe Deadpool star pays tribute to fellow Canadian actors John Candy and Ryan Gosling
Read more »
Ryan Gosling Sends Message to Ryan Reynolds After 'Deadpool & Wolverine' Shirt Appearance (Exclusive)Gosling was featured on a shirt Reynolds wore in a 'Deadpool & Wolverine' teaser.
Read more »
Chargers News: UDFA Ditches LA For AFC West Rival After Agreeing To Terms With BoltsAn undrafted free agent is joining a rival squad after originally agreeing to terms with the Los Angeles Chargers.
Read more »
New movie focuses on migrants crossing the Southern Arizona desertRyan Fish is KGUN 9's Midtown and Downtown Tucson reporter. Send your story ideas to Ryan at ryan.fishkgun9.com.
Read more »
Chargers News: Joe Hortiz Assesses His First Draft Run with Los AngelesLos Angeles Chargers general manager Joe Hortiz reflects on his first draft class with the Bolts.
Read more »
Chargers News: This LA Draft Pick Singled Out As Sneaky-Good Under-The-Radar SelectionThe Bolts' generally well-regarded draft includes an intriguing later selection.
Read more »