Facebook sued for alleged fraud in buying Israeli startup
Facebook sued for alleged fraud in buying Israeli startup Servicefriend founder and CEO Shahar Ben Ami is suing for NIS 25 million, claiming Facebook reneged on its commitments. The founder of Israeli startup Servicefriend Shahar Ben-Ami has filed a lawsuit in the Tel Aviv Labor court against Facebook for allegedly acting fraudulently and with an extreme lack of good faith, when acquiring the company that he founded. Ben Ami, who was fired as CEO in 2020, one year after the acquisition, is suing for NIS 25 million. Ben Ami claims that Facebook committed to paying him in blocked shares worth m...
Source: globes.co.il