Litigation
Apr. 3, 2014
Claims of fraud are false, Snapchat attorneys say
In a demurrer filed Monday, attorneys for the mobile application Snapchat refuted claims that its founders committed fraud by booting out an alleged co-founder.
Daily Journal Staff Writer
LOS ANGELES - Facing a lawsuit that could be worth $1 billion, the owners of the mobile photo-sharing application Snapchat Inc. came out swinging this week against fraud claims recently added to the suit's allegations.
The beefed-up complaint was filed in October, shortly after eight additional venture funds began backing the red-hot, Venice-based app. Media reports have speculated that the v...
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