Redbox Ex-CEO Loses Bid to Dismiss Mismanagement Claims

Bankruptcy trustee sued Chicken Soup for the Soul Entertainment over Redbox dealings.

1 Source, 47d ago, first seen 47d ago

TLDR

Bloomberg Law reported that the former CEO and board members of Chicken Soup for the Soul Entertainment Inc., owner of Redbox Entertainment Inc., lost their motion to dismiss most claims in a clawback suit filed by the bankruptcy trustee. The suit alleges mismanagement and improper dealings at the now-defunct media company. The ruling allows the trustee to proceed with the majority of the allegations against the former executives.

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1 Source, first seen 47d ago

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