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Fintech Bolt is buying out the investor suing over Ryan Breslow’s $30M loan

Bolt says it has settled its long-standing lawsuit with its investor Activant Capital. One-click payments startup Bolt is settling the suit by buying out the investor’s stake β€œafter which Activant will no longer hold any interest in Bolt,” the company said in a statement. Activant’s suit accused founder and then CEO Ryan Breslow of adding […]

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Bolt has quietly settled its lawsuit with Fanatics amid ongoing boardroom drama

Online sports apparel retailer Fanatics has agreed to settle and drop a lawsuit that it filed against troubled one-click payments provider Bolt in March, according to court documents obtained by TechCrunch.Β  The settlement occurred as Bolt was in the thick of a new gambit to raise a large round of financing, including a β€œcramdown” threat […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

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