Exec's $77M WeWork Offer Was Stupid, Not Fraud, Jury Told
By Stewart Bishop ( October 15, 2024, 9:49 PM EDT) -- Counsel for the former CEO of real estate investment firm Arciterra told a Manhattan federal jury Tuesday his client was a fool for making what prosecutors described as a fake $77 million tender offer for a controlling stake in WeWork before its bankruptcy, but he wasn't trying to falsely pump up the coworking company's stock price....
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