Byju’s founders’ threat of defamation case an attempt to distract from facts: Glas Trust

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US-based lender agent Glas Trust has alleged that Byju’s founders’ plan to file a defamation case is an attempt to distract from the facts after several court orders against them.

The legal counsel of Byju’s founders, J Michael McNutt, rejected the allegations levelled by Glas Trust, calling it “incomplete and misleading”.

The counsel of Byju’s founders, Byju Raveendran and Divya Gokulnath, on Thursday said they are gearing up to file an over $2.5 billion suit against Glas Trust and others for damage to their reputation and business.

“Byju Raveendran’s…



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Byju’s founders’ threat of defamation case an attempt to distract from facts: Glas Trust



US-based lender agent Glas Trust has alleged that Byju’s founders’ plan to file a defamation case is an attempt to distract from the facts after several court orders against them.

The legal counsel of Byju’s founders, J Michael McNutt, rejected the allegations levelled by Glas Trust, calling it “incomplete and misleading”.

The counsel of Byju’s founders, Byju Raveendran and Divya Gokulnath, on Thursday said they are gearing up to file an over $2.5 billion suit against Glas Trust and others for damage to their reputation and business.

“Byju Raveendran’s…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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