Bolt has quietly settled its lawsuit with Fanatics amid ongoing boardroom drama
Online sports apparel retailer Fanatics has agreed to settle and drop a lawsuit that it filed against troubled one-click payments provider Bolt in March, according to court documents obtained by TechCrunch. The settlement occurred as Bolt was in the thick of a new gambit to raise a large round of financing, including a “cramdown” threat
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Online sports apparel retailer Fanatics has agreed to settle and drop a lawsuit that it filed against troubled one-click payments provider Bolt in March, according to court documents obtained by TechCrunch. The settlement occurred as Bolt was in the thick of a new gambit to raise a large round of financing, including a “cramdown” threat […]
© 2024 TechCrunch. All rights reserved. For personal use only.