Litigation
Nov. 16, 2013
Website postings could shed light on Snapchat ownership suit
A plaintiff suing his college fraternity brothers over an ownership stake in red-hot social media service, Snapchat Inc., says its co-founders publicly listed him as chief marketing officer two weeks before ousting him from the board.
Daily Journal Staff Writer
The two founders of red-hot social media service Snapchat Inc. are facing new allegations from a college fraternity brother that he was publicly listed as the company's chief marketing officer two weeks before being ousted from the board.
Snapchat, whose users send 350 million photos per day, reportedly rejected a $3 billion takeover offer from Facebook over the past few weeks. The Venice-based s...
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