Feds Want ServiceMesh Chancery Suit Iced For Criminal Probe
Law360, Wilmington (June 28, 2017, 6:46 PM EDT) -- The U.S. government asked the Delaware Chancery Court late Tuesday to halt a case alleging the founder of cloud computing company ServiceMesh Inc. paid bribes to score nearly $100 million in earn-out payments from the company's sale, saying it wants to finish a criminal investigation first.
The government, through U.S. attorney's offices in California and Delaware, filed a motion to intervene in the case where Computer Sciences Corp., which bought out ServiceMesh in 2013, claims that $98 million in earn-out payments it paid to the target's founder and former CEO, Eric Pulier, were the result of bribery scheme he implemented....
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