Online Retailer Sues VC For $11M Over Partner's Malfeasance

By Jack Newsham (February 27, 2019, 5:53 PM EST) -- A bankrupt e-commerce company that received funding from Oak Investment Partners has sued the venture capital firm and affiliates in New York state court, saying they allowed former partner Iftikar Ahmed to divert $11 million from the fundraising before he was busted for insider trading....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!