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Reuters Adam Neumann, cofounder of WeWork, is nearing a settlement in a legal dispute with SoftBank, WeWork s owner. Neumann could reap almost $500 million in cash and remain a major shareholder. The deal could lead to WeWork trying again to go public, following its failed IPO in 2019. WeWork cofounder and former CEO Adam Neumann is nearing a settlement in a legal battle with SoftBank, WeWork s owner, that could include a nearly $500 million cut in his previously planned payout. The deal would put an end to a bitter legal battle between Neumann and SoftBank, which saved WeWork from bankruptcy in 2019 when the office group s IPO plans crumbled.

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