Snapchat paid Reggie Brown $157.5M to settle his ‘ousted founder’ lawsuit

 Ousted Snapchat early employee Reggie Brown was paid $157.5 million in a settlement in September 2014 to close off a 2013 lawsuit he had brought against other co-founders Evan Spiegel and Bobby Murphy, alleging that they had taken his original idea and run with it, pushing him out of the company without compensation in the process. The details were made public for the first time in… Read More

from Social – TechCrunch http://ift.tt/2gJIZtF Snapchat paid Reggie Brown $157.5M to settle his ‘ousted founder’ lawsuit Ingrid Lunden http://ift.tt/2k6bHGQ
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