Credit: terovesalainen/Adobe Stock Digital Payments Processor, Square, Faces Shareholder Suit Following Proposed $29 Billion Acquisition
This suit was surfaced by Law.com Radar. Read the complaint here.
October 26, 2021 at 10:19 AM
1 minute read
Corporate Entities
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.
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