4 ms·
I am not a lawyer, nor do I play one on TV. This isn't legal advice. There was a case Biederman v Domo, http://online.wsj.com/public/resources/documents/compla
by relaunched 7y ago
I am not a lawyer, nor do I play one on TV. This isn't legal advice.
There was a case Biederman v Domo, http://online.wsj.com/public/resources/documents/complaint.pdf http://online.wsj.com/public/resources/documents/complaint.p...
Where, Biederman, a former employee requested financial data to value his shares, as consistent with Inspection of Books and Records Pursuant to 8 Del. C. § 220 - which applies to many DE incorporated, funded startups, but has restrictions.
It's my understanding that Biederman prevailed. He was able to inspect the books and was not muzzled, as per Domo's initial requirements. However, I can't find the decision.