Here is Mayer Brown’s answer to the suit’s claims. I will also link this 21 page PDF file in the original post — in an effort to be fair, and balanced in my commentary. I make no comment on the merits of any of these filings — but instead simply report upon them as matters of public record.
Do your own diligence here, but Textura fell over another five per cent, yesterday, on heavy volume on the NASDAQ. That’s well over nine per cent in two trading days.
No word yet on how the CFO’s talk in Scottsdale went. We will update when we hear. And in the mean time, here is Mr. Allin’s separation pay agreement.
Be careful if you are trading this one. Truly.