Bolt's former billionaire founder, Ryan Breslow, is facing legal trouble once again. Breslow had agreed to a settlement with a disgruntled investor. However, Bolt shareholders, including BlackRock, are blocking the settlement deal. Sources indicate that shareholders believe Breslow is using company funds to buy out his critics.
Bolt's Former Billionaire Founder Is In Legal Trouble — Again via @SarahNEmerson & @_IainMartin https://t.co/qNGsqUQbPy
Bolt's Former Billionaire Founder Is In Legal Trouble — Again https://t.co/S0abcYjqD1
New w/@_IainMartin: Bolt founder Ryan Breslow agreed to a settlement with a disgruntled investor. But now, Bolt shareholders including BlackRock are blocking the deal. Sources say they believe that Breslow is using company cash to buy out his critics. https://t.co/gtOq72LhBJ