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SportTechie Co-Founder’s Claims Over Ouster Proceed (Corrected)

Jan. 31, 2020, 11:21 PMUpdated: Feb. 3, 2020, 7:48 PM

The co-founder of SportTechie Inc. can pursue some of his claims alleging the athletics media company and other top officials conspired to remove him and eliminate his 44.5% interest in the company, the Delaware Court of Chancery held.

SportTechie’s co-founder and former chief operating officer Simon Ogus alleges a conspiracy to transfer control of the company to Oak View Group LLC, a private equity and venture fund that’s also named as a defendant in the action. The lawsuit included claims for fraud, breach of fiduciary duty, aiding and abetting, civil conspiracy, and breach of contract.

Ogus’ fraud claim, which alleges...

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