Abu Dhabi's Alpha Investment sues Zynga for right over $12.87m shares deal
Zynga Inc, the biggest maker of online games for Facebook, was sued by an Abu Dhabi-based investment firm that claims it is being denied the chance to purchase a stake in the company - the Bloomberg is reporting.
Alpha Investment has a contract to buy one million shares of closely held Zynga from Andrew Trader, a former executive at the gamemaker, Alpha claimed in a complaint filed in Delaware Chancery Court in Wilmington.
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More details from the Bloomberg follows
March 17, 2011 |
Filed under Abu Dhabi Investors, Abu Dhabi Venture Capital, Alpha Investment, Alpha Investment Abu Dhabi
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