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Snapchat sued in LA by ex-employee who alleges investors were misled

Snapchat was sued Wednesday in Los Angeles by an ex-employee who alleges he was fired after resisting attempts to falsely represent its value in advance of plans to take the company through a multibillion-dollar initial public offering. Anthony Pompliano alleges his refusal to “participate in Snapchat’s institutional pandemic” of misleading investors and trading partners resulted […]

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