Adam Neumann isn’t going gently. The former WeWork CEO plans to sue the company’s chief financial backer, SoftBank, for pulling out of its $3 billion bailout deal, according to Bloomberg. Had that deal gone through, Neumann stood to receive hundreds of millions of dollars from the sale of his shares. SoftBank attorney Erik Olsen informed the board of We Company about the suit on Friday. He also stated the Japanese conglomerate’s position about a similar
source https://therealdeal.com/2020/04/20/hes-back-adam-neumann-to-sue-softbank-for-bolting-wework-bailout/
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