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Civil Litigation,
Corporate

Mar. 22, 2018

Kleiner Perkins defeats unique shareholder suit

Lawyers representing Kleiner Perkins Caufield & Byers knocked out a lawsuit in which plaintiffs alleged that the venture capital firm should be liable for other investors' losses stemming from the collapse of Fisker Automotive Holdings Inc., a defunct electronic car company launched by a famous luxury auto designer.

Lawyers representing Kleiner Perkins Caufield & Byers knocked out a lawsuit in which plaintiffs alleged that the venture capital firm should be liable for other investors’ losses stemming from the collapse of Fisker Automotive Holdings Inc., a defunct electronic car company launched by a famous luxury auto designer.

The plaintiffs contended that the venture capital firm should be responsible for the losses of other investors bec...

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