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.
This suit was surfaced by Law.com Radar, a source for high-speed legal news and litigation updates personalized to your practice. Law.com Radar publishes daily updates on just-filed federal cases like this one. Click here to get started and be first to know about new suits in your region, practice area or client sector.