Adam Neumann, one of the co-founders of WeWork has filed suit against SoftBank because the bank backed out of a deal to pay up to $3 billion for shares in WeWork, $970 million of which would have gone to Mr. Neumann as part of a plan to get him out of the company. SoftBank backed out because the civil and criminal investigations into the company were not resolved by the deal’s April 1 deadline.
Who would have been responsible for the conduct the resulted in the civil and criminal investigations? The conflicts of interest. The sloppy finances. Well, Mr. Neumann was the CEO. Staggers the imagination that Mr.Neumann fancies himself a plaintiff.