Chancery Probes Contract Risks In $130M Merger Hack

By Leslie Pappas (December 9, 2021, 9:04 PM EST) -- A Delaware Chancery Court judge on Thursday strained to understand who was contractually responsible for the loss of a payout to stockholders in a $130 million merger after hackers diverted the payout to a Chinese bank account, leaving the Utah stockholders, New York payment agent, and the merger parties pointing fingers....

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