Tag Archives: Sue
According to a report on Bloomberg, the social gaming company Zynga was sued by a shareholder for allowing executives to sell shared early while the sales by lower level employees and outsiders were blocked. The lawsuit alleges that executives who took part in the sale “nearly doubled the proceeds from their [stock],” before the normal lockup period. The company have...
According to Reuters, Sprint reportedly failed to bill its customers for more than $100 million in taxes over the course of seven years and is being sued by New York for $300 million. The carrier is accused of not collecting and paying sales taxes on flat-rate access charges for its wireless calling plans; Sprint is said to have repeatedly submitted false records and...