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Litigation

Mar. 18, 2014

Square founders square off in federal court

What do you have when there is no written documentation at all among the three co-founders of a wildly successful startup said to be entertaining thoughts of a jumbo IPO? By Tom French


By Tom French


The late Hollywood movie mogul Samuel Goldwyn, who is as least as noted for his countless malapropisms as is Yogi Berra, is said to have once quipped "An oral contract's not worth the paper it's written on."


But what do you have when there appears to be no written documentation at all among the three co-founders of a wildly successful startup said to be entertaining thoughts of a jumbo initial public offering this year? ...

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