Square Inc., the digital payments processor, and its board of directors were slapped with a shareholder lawsuit Monday in Pennsylvania Eastern District Court over its proposed acquisition of Afterpay Limited for $29 billion. The lawsuit was brought by Grabar Law Office and C.O. Law on behalf of Leo Shumacker. Counsel have not yet appeared for the defendants. The case is 2:21-cv-04665, Shumacker v. Square, Inc. et al.
Banking & Financial Services
October 25, 2021, 11:04 AM