Renaissance Sues Founders For $18m, Is Dkb Financial Buys C.ATS Instead
PRODUCTS AND VENDORS
The internal struggles of Renaissance Software Inc. have found their way into court, with the vendor filing an $18 million lawsuit against its three founders.
Among other things, the lawsuit charges that the three -- Patrick Barkhordarian, Keesup Choe and Bruce Felt -- caused the OTC derivatives trading system vendor to lose business, breached their fiduciary duty and violated their contracts.
In particular, the suit claims that the three caused the loss of a major potential customer. Though the
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