June 11, 2024
Attorneys representing investors in a suit against restaurant software company Olo Inc. will receive $2.25 million for brokering settlement of class action claims alleging the company touted an ill-fated partnership with sandwich chain Subway as an example of its success.
February 21, 2024
Shareholders in restaurant digital commerce software company Olo Inc. have received an initial green light for a $9 million deal to settle class action claims the company touted a soon-to-end partnership with fast-food chain Subway as an example of its success.
December 01, 2023
A New York federal judge has certified a class of investors and provided reasoning for his rejection of a dismissal motion in a suit alleging a restaurant software company used partnerships with Subway stores as an example of its success while knowing its relationship with the fast-food franchise would be ending.
February 06, 2023
A restaurant software company denied investors' claims that it used partnerships with Subway stores as an example of its success while knowing its relationship with the fast-food franchise would be ending, claiming it warned them that customers might stop using its software modules.
September 27, 2022
A restaurant software company touted the success of its Subway partnership while knowing its relationship with the fast food franchise would soon be ending, investors seeking class status told a New York federal court.