A lawsuit that's winding its way through the San Francisco courts is threatening to blur what Wilson Sonsini Goodrich & Rosati partner Fred Alvarez refers to as the "bright line between investing and employing." Malcolm Smith v. Genstar Capital was filed by a group of employees alleging fraud on the part of their bankrupt company's venture capital backers and chief executive officer.
April 22, 2002 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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