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Bolt co-founder Ryan Breslow settles with investor Activant Capital, ending a lawsuit that accused Breslow of saddling the company with $30M in personal debt

Bolt's Ryan Breslow and investor Activant Capital have filed to settle their bitter lawsuit over Breslow's outstanding $30 million debt, which was swept from the company's bank account after he defaulted on a personal loan. With @_IainMartin: https://www.forbes.com/... Iain Martin / @_iainmartin : The founder and former CEO of payments platform Bolt was sued by investor Activant Capital last year, who claimed he breached his duties to the company. Now, both parties are settling over a $30 million personal loan borrowed against Bolt stock https://www.forbes.com/...

Forbes Sarah Emerson

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  • @sarahnemerson Sarah Emerson on x
    New — Bolt's Ryan Breslow and investor Activant Capital have filed to settle their bitter lawsuit over Breslow's outstanding $30 million debt, which was swept from the company's bank account after he defaulted on a personal loan. With @_IainMartin: https://www.forbes.com/...
  • @_iainmartin Iain Martin on x
    The founder and former CEO of payments platform Bolt was sued by investor Activant Capital last year, who claimed he breached his duties to the company. Now, both parties are settling over a $30 million personal loan borrowed against Bolt stock https://www.forbes.com/...