The cofounder of a food packaging startup acquired by SoftBank-backed Zume is suing, alleging he was misled about Zume's financial health and never got millions in promised payouts

Business Insider

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· John Lilley, a cofounder of Pivot Packaging, filed a lawsuit against Zume, the troubled robotics startup backed by SoftBank, on April 16.
· The suit, filed in San Francisco Superior Court, alleges that Zume committed fraud by misrepresenting its financials during the acquisition process and didn't pay Pivot Packaging...

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