![]() ![]() The firm has grown to over 900 employees across 14 offices worldwide. Its stock has more than doubled since going public on the Toronto Stock Exchange in March 2019. ![]() Lightspeed is one of Canada’s fastest-growing tech firms, with a market cap of about $3.8 billion. He and Lightspeed have denied all wrong doing, and have been unsuccessfully trying to get it dismissed for the last four years. Dax Dasilva, the CEO of one of Canada’s fastest-growing tech companies, is facing a $30-million lawsuit from companies tied to a former employer. Dasilva has spent the past four years unsuccessfully trying to get the lawsuit dismissed and attempting to negotiate, according to over a hundred pages of documents filed in Quebec Superior Court reviewed by He and Lightspeed have denied all wrongdoing and filed a countersuit. Lawyers acting on behalf of numbered companies linked to Frederick Rosenberg, then-president of Montreal-based Brenrose Solutions, say Dasilva used the source code developed at his company to build a point-of-sale software (POS) that would later become Lightspeed’s first product. Lightspeed CEO sued for allegedly stealing tech used to launch firm Companies tied to a former employer of Dax Dasilva are charging in a lawsuit that the Lightspeed founder stole key technology and used it to launch his $3.8-billion firm. This has been an ongoing issue.īecause the coders are lazy and I know you all going to lose sleep tonight: r/Stocks I /r/Stockmarket I /r/canadiandaytrading/ No threads on pennystocks or microcaps (market cap under $500mm or stock price under $5) "Thoughts on xyz" or "what to buy" or general discussion belongs in daily thread No Disrespectful/Attacks on members of the Community Gain perspective but trade at your own risk. This subreddit is a place to discuss anything and everything related to investing. Grow together in a community of Canadian Investors who look to actively manage their own portfolio.
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