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Eduardo Saverin Faces Lawsuit Over Jumio Bankruptcy

A significant Jumio Inc. shareholder is suing Facebook co-founder Eduardo Saverin and other former company leaders over alleged “misrepresentations and ineptitude” that landed Jumio in bankruptcy this year.
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Jumio, an identity-verification startup we first covered way back in 2011, has agreed to sell the majority of its assets to a new company set up by backer and Facebook co-founder Eduardo Saverin as part of a bankruptcy procedure. Ju...

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SILICON VALLEY — Facebook co-founder Eduardo Saverin and other former leaders at Jumio have been sued by an investor who said their "misrepresentations and ineptitude" led to its bankruptcy earlier this year. Bloso Investments Ltd. ...

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Jumio’s former shareholders and the estate the company left behind in bankruptcy have reached a settlement that winds down its bankruptcy, pays legal fees and protects Facebook co-founder Eduardo Saverin from future lawsuits stemmin...

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