A founder of an Irving software company has gone to court to stop his company from making an acquisition – and it’s worked so far. Brian Womack of the Dallas Business Journal has the story.
DBJ: Former Solera CEO Suing Over Stock Options Worth More than $100M
Tony Aquila said in a statement that Solera has breached a separation deal and refuses to honor its obligations to pay the company’s founder for his vested stock options worth in excess of $100 million.
DBJ: SEC Settles with Dallas Digital Firm After Allegedly Defrauding Investors
The U.S. Securities and Exchange Commission has settled with a Dallas digital company for millions of dollars. The agency said it made the deal with Bitqyck Inc. and its founders, who allegedly
DBJ: DOJ Sues Sabre to Block $360M Acquisition Over Competition Concerns
The DOJ on Tuesday filed an antitrust suit in Delaware attempting to block Southlake-based Sabre’s $360 million deal with a Miami-based airline technology firm. The DBJ has the details.
DBJ: AT&T fails to get cryptocurrency case thrown out as plaintiff puts loss at $24M
A federal judge has turned downed the company’s push to get a case thrown out, in part, from an AT&T customer, according to a court filing earlier this month. Brian Womack of the Dallas Business Journal has the details.
DBJ: DFW company files for bankruptcy, aims to eliminate nearly $900M in debt
Monitronics International Inc. said Monday it had filed and that it hoped to emerge from bankruptcy within about 75 days.
Frisco tech firm files for bankruptcy, owes up to $50M
Frisco’s Skinny IT – once a rising star in North Texas – has filed for bankruptcy, the Dallas Business Journal reports.