Former NFL linebacker Shawne Merriman filed suit in Delaware against Lights Out XTreme Fighting Inc., the startup mixed martial arts league he holds a one-third stake in, over claims that the state revoked the league’s corporate status after it was mismanaged into a $170,000 tax debt.
The lawsuit, filed Tuesday in Delaware Chancery Court, seeks internal files from the league to shed light on the value of Merriman’s stake, the nature of any wrongdoing by its board or executives, and whether its corporate status in Delaware “can be, or should be, revived.”
Lights Out didn’t immediately respond to a request ...
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