Billion-dollar Aptos Labs lawsuit resolved, Glazer says
Shari Glazer, who sued Aptos Lab CEO Mo Shaikh and claimed she had been cheated out of of an equity stake in the new firm, now says the case is resolved. Glazer had claimed Aptos CEO Mo Shaikh conspired to deprive her of a stake in the company.
Glazer’s announcement comes roughly two months after a judge denied Shaikh's motion to dismiss the lawsuit. In October, the court did, however, dismiss four legal claims, including fraud while allowing the case to proceed on the merits of determining if there had been a breach of agreement, unjust enrichment, or if Glazer was entitled to a 50% stake in Matonee, also known as Aptos Labs.
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