On November 4, 2019, Bottini & Bottini filed a class action lawsuit against The We Company. As a result of Defendants' wrongdoing, The We Company was forced to cancel its IPO and its valuation plummeted from over $47 billion to just $8 billion. Minority shareholders of the Company watched as the value of their stock and stock options was decimated. To add insult to injury, the Company then announced thousands of layoffs.
