WeWork officials, ex-CEO Neumann, SoftBank sued over botched IPO

WeWork officials, ex-CEO Neumann, SoftBank sued over botched IPO

Photo by Eloise Ambursley on Unsplash

WeWork officials, including co-founder and former Chief Executive Adam Neumann, are being sued by minority shareholders to recoup losses as the shared workspace provider pulled its initial public offering and saw its value plunge more than 87%.