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Quibi Legal Fight With Eko, Hedge Fund Elliott Management Gets Personal


Quibi Legal Fight With Eko, Hedge Fund Elliott Management Gets Personal
Todd Spangler, provided by
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Quibiwinked offline in December, most of its employees have been let go and Roku now owns Quibi’s content library. But Jeffrey Katzenberg and Meg Whitman’s ill-fated video streamer is still battling a lawsuit trying to extract more than $100 million in damages from the defunct startup — and now, Quibi’s lawyers are suggesting the head of the hedge fund behind the litigation has a personal financial interest in the case.
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In the latest drama in the legal spat, Quibi alleges that Paul Singer, Elliott’s founder and co-CEO, may be mainly interested in backing the Eko suit because his girlfriend’s son works there.

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