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Corporate – Fiduciary duty – Minority owners

Where a defendant corporation has asserted a counterclaim against two plaintiff minority shareholders, the counterclaim must be dismissed because the facts alleged do not plausibly suggest that the plaintiffs owed the corporation any fiduciary duty. “Vijay and Jayapal Basani founded Cygilant, Inc. They owned a controlling interest in and helped run the company until 2019,
United States Jayapal Basani Delaware Chancery Court Delaware Court Cygilant Inc Arrowroot Capital

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SA Fintech Clickatell Wins $91-Million in its Latest Round of Funding - IT News Africa - Up to date technology news, IT news, Digital news, Telecom news, Mobile news, Gadgets news, Analysis and Reports

Clickatell, a Cape Town-founded and California-based fintech firm, CPaaS innovator and creator of the Chat Commerce platform yesterday announced it has secured $91-million in its latest Series C round of funding. This round was led by Arrowroot Capital, with participation from Kennedy Lewis Investment Management, Endeavor Global and Harvest. According to a press release, Clickatell, […]
South Africa United States Villiers Clickatell Pieter Mattj Safaii Clickatell Executive Team Cpaas Communications Platform

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