Twitter Hit With $124 Million Lawsuit!




According to  TheWrap:

Twitter has been slapped with a $124 million lawsuit by a pair of companies claiming that they were contracted to help sell shares in the company under false pretenses. A spokesman for Twitter denied the claims of the suit, saying that the complaint is “completely without merit.

In the suit, filed in U.S. district court in New York on Monday, Arizona-based Precedo Capital, which provides broker dealer and financial services, and Luxembourgh-based financial consulting and advisory firm Continental Advisers said they reached an agreement with GSV Asset to help sell Twitter shares owned by employees, contractors or early-stage Twitter shareholders.


Read full story at THEWRAP


  • Coffy Brown

    Lmfao – I can;t with this company! – They need to get there paperwork in order!

  • Venessa Thomas

    Awwww, pay up