Oct 19

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Blog Post: Jumio Ch. 11 Trustee Seeks To Bar Investor Chancery Suit

by Anonymous

The liquidating trustee of defunct software developer Jumio Inc. told a Delaware bankruptcy judge Thursday that he should enjoin shareholder Bloso Investments Ltd. from pursuing a derivative action in the state’s chancery court over alleged misconduct by the company’s board that led to the bankruptcy filing in 2016.
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