Former Top Yahoo Ad Exec Sues Yahoo, Accusing It of Trying to "Cheat" Him Over Acquisition Compensation —
Michael Katz, a former high-profile advertising exec at Yahoo who sold interclick to the Silicon Valley Internet giant, has filed a lawsuit claiming the company tried to “cheat him out of the compensation he was promised during negotiation of the acquisition and to humiliate him as well.”
Katz was fired as a Yahoo exec in a bar, the lawsuit states, right before he was due to receive a large payment from the company.
Here’s the lawsuit complaint and summons, more to come as I read it:
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