WeWork execs face first lawsuit over botched IPO

Shareholder litigation against WeWork’s major players has
begun. Co-founder Adam Neumann, SoftBank head Masayoshi Son and
board members of the embattled office-space company were sued this
week by a minority shareholder who accuses them of self-dealing and
unjustly enriching themselves. The complaint, by former WeWork
employee Natalie Sojka, targets SoftBank’s $9 billion takeover of
the company, and says the Tokyo-based conglomerate increased its
stake in the company to 80 percent from 29 percent through a

Source: FS – All – Real Estate News 2
WeWork execs face first lawsuit over botched IPO