Linqto’s Bankruptcy Under Fire as Shareholder Alleges Fraud and “Improper Forum Shopping”

Chapter 11 bankruptcy filing of the private investment platform Linqto Inc. is now being challenged in court as “potentially fraudulent and strategically manipulative.” Their major shareholder, Sapien Group, filed a motion to transfer the bankruptcy proceedings from Texas to Delaware. The Group asserts that the current venue is legally improper and was strategically manufactured by […] The post Linqto’s Bankruptcy Under Fire as Shareholder Alleges Fraud and “Improper Forum Shopping” appeared first on Coin Edition.