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WeWork, ex-CEO Neumann and Softbank sued over botched IPO, plummeting value

2019-11-08 17:53:37

WEWORK-IPO/SOFTBANK GROUP

WeWork officials, including co-founder and former Chief Executive Adam Neumann, are being sued by minority shareholders to recoup losses as the shared workspace provider pulled its initial public offering and saw its value plunge more than 87 per cent.