Connect with us

Hi, what are you looking for?

Jewish Business News

Court

Avi Dorfman can continue to call himself a co-founder of Compass: judge

avi-dorfman-rob-reffkin-compass

Compass co-founder Robert Reffkin cannot seek damages from Avi Dorfman, a tech entrepreneur who claims to be one of the co-founders of the brokerage, a New York County Supreme Court judge has ruled.

Dorfman sued Reffkin in 2014, claiming he used the concept behind a joint venture they worked on together in 2012 to set up a competing business later known as Compass. Reffkin then allegedly forced him out of the company, now valued at more than $1 billion.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.

In counterclaims, Reffkin had alleged that Dorfman was improperly presenting himself as instrumental in the company’s early fundraising success and had used the Compass name in order to secure his two most recent positions, at Hailo, a taxi flagging app, and Quid, a data analytics company. Dorfman also incorrectly calls himself a co-founder of Compass on his LinkedIn page, despite having never been an employee of Compass, Reffkin alleged.

Read the fullstory at The Real Deal, by Katherine Clarke

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.