I3 Verticals, Inc. (IIIV)

[YanksGhost]

Not to me. First, it was settled for an amount way less than the initial total cited. But more important, it validates Daily's extensive and proven ability to build major, successful businesses in the payment processing sector. There is one other suit I uncovered in my own DD involving a class action claim from clients of a firm acquired by IIIV. The infraction related to events before the takeover.

Here is the Auerback saga; I don't find it to be particularly condemning, just an example of how venture capital tech deals lead to courtrooms across America. Look at both Facebook and Apple as poster children for much larger legal histrionics. Both those legal dramas were turned into Hollywood movies. "The Social Network" wasgreat film that Mark Zuckerberg seems to have lived beyond.

https://www.fearnotlaw.com/wsnkb/articles/auerbach-acquisition-associates-v-daily-14548.html