New Suit - Securities

Square Inc., the digital payments processor, and its board of directors were slapped with a shareholder lawsuit Wednesday in California Northern District Court over its proposed acquisition of Afterpay Limited for $29 billion. The court action was filed by Weisslaw LLP on behalf of Stephen Bushansky. Counsel have not yet appeared for the defendants. The case is 3:21-cv-08013, Bushansky v. Square, Inc. et al.

Banking & Financial Services

October 13, 2021, 4:50 PM

nature of claim: 850/over alleged violations of federal securities laws