Litigation
Oct. 11, 2011
Investors prepare for trial against bank over tech company's failure
In the mid-2000s, Pay By Touch was a high-tech darling with investors pouring hundreds of millions of dollars into the startup, which promised to make financial transactions possible with just a fingerprint.
Daily Journal Staff Writer
In the mid-2000s, Pay By Touch was a high-tech darling with investors pouring hundreds of millions of dollars into the startup, which promised to make financial transactions possible with just a fingerprint.
Little did its backers know that its chief executive officer, John P. Rogers, was driving the company into the ground, burning through capital on parties, cocaine and women, according to lawsuits...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In