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Authentic Brands Group Settles Lawsuit Against Bolt and Invests in the Fintech Platform

Authentic Brands Group Settles Lawsuit Against Bolt and Invests in the Fintech Platform

The licensing company has settled and agreed to dismiss its case against Bolt, its e-commerce checkout service provider, the companies announced July 6.

As part of the agreement, ABG has become “shareholders” of the fintech startup, ABG founder and chief executive Jamie Salter said in a statement.

ABG, which owns brands including Barneys New York and Brooks Brothers, sued Bolt in April for breach of contract, claiming that the company…


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Live Updates: Russia’s War Forces Ukrainians From Their Homes in Historic Numbers

Live Updates: Russia’s War Forces Ukrainians From Their Homes in Historic Numbers

Court rules hospital can sue Illinois over late Medicaid payments

Court rules hospital can sue Illinois over late Medicaid payments