Aquila sues Vista-backed Solera
Anthony (Tony) Aquila has sued Solera Global Holding Corp and Solera Holdings Inc for allegedly refusing to honor its obligations to pay Aquila, Solera’s founder and former CEO, for his vested stock options worth in excess of $100 million. Aquila, through his attorneys, also filed a temporary restraining order and a motion for preliminary injunction to stop Solera from encumbering the Aquila-vested stock options. Vista Equity Partners acquired Solera in 2015 for roughly $6.5 billion.
10 September 2019•3 mins read
