SEC Probes Whether SoftBank-Backed Messaging App Misled Investors

SEC Probes Whether SoftBank-Backed Messaging App Misled Investors

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The Securities and Exchange Commission has been investigating whether SoftBank-backed messaging app IRL violated securities laws, including in the way the startup described its business performance during talks with investors, according to people with knowledge of the situation. The SEC…

#securitiesandexchangecommission #irl #abrahamshafi #softbank

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