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DocuSign Explores Leveraged Buyout

E-signature company DocuSign is exploring a potential leveraged buyout with the help of advisers, people familiar with the matter told The Wall Street Journal on Friday. However, there is no certainty that a deal will be reached.  As of Friday, DocuSign’s market capitalization was $11.5 billion. Potential suitors could include

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Movement Accuses Summit Founder Todd Scrima Of Corporate Espionage

South Carolina-based retail lender Movement Mortgage filed a lawsuit this week against Todd Scrima, founder and president at its competitor Summit Funding, accusing him of gaining illegal access to Movement’s confidential financial files and also scheming to divert Movement’s customers toward Summit.  It’s the latest salvo in a legal battle that started

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real-estate-tech-firm-prevu-raises-$6-million in-series-a

Real Estate Tech Firm Prevu Raises $6 Million in Series A

Real estate tech firm Prevu announced a Series A financing round Thursday of $6 million. Citi, RiverPark Ventures, Metropolis Ventures, Simplex Ventures, Winklevoss Capital and Liebenthal Ventures invested in the round. Launched in New York City in 2017, Prevu offers buyers up to 2% cash back of the purchase price thanks

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Texas Homeowners Sue LoanDepot, Cardinal Over “deceptive Practices”

Mortgage lenders loanDepot and Cardinal Financial are the targets of class-action-seeking lawsuits alleging deceptive practices, negligent misrepresentation and gross negligence against Texas homeowners.  In a pair of lawsuits filed in a state court in Dallas County, each targeting one of the lenders, homeowners allege that the companies’ employees induced them into entering refinancing agreements

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