IBT Media Sues Former CEO Dev Pragad and Newsweek Executives for $200M
IBT Media has filed a $200 million lawsuit in Westchester County against Dev Pragad and former executives, alleging fraud, breach of fiduciary duty, and a scheme to strip IBT's assets to benefit Newsweek. The case adds to mounting legal battles over Newsweek's ownership and leadership.
International Business Times ·