XpresSpa Directors Shed Much Of Corporate Takeover Suit

Law360 (August 7, 2018, 8:56 PM EDT) — A New York federal judge on Tuesday partly dismissed a suit by the founders of XpresSpa accusing the company’s board and Form Holdings Corp. executives of misleading them into approving Form Holdings’ acquisition of the airport spa business, tossing most of the case but letting stand two Exchange Act claims.