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The reversal undercuts a central assumption surrounding the case—that liability had already crystallised into a billion dollar judgment
In its latest order, the court explicitly withdrew references to the $1 Bn figure and confirmed that the next phase will focus on whether the plaintiffs suffered any quantifiable harm
McNutt added that the legal strategy of the founder would see arguments over misleading Courts in India and elsewhere to gain advantage in those proceedings by…
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.
The reversal undercuts a central assumption surrounding the case—that liability had already crystallised into a billion dollar judgment
In its latest order, the court explicitly withdrew references to the $1 Bn figure and confirmed that the next phase will focus on whether the plaintiffs suffered any quantifiable harm
McNutt added that the legal strategy of the founder would see arguments over misleading Courts in India and elsewhere to gain advantage in those proceedings by…
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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