Fintech Startup Carta Embroiled in Legal Drama With Former CTO
- Suit is separate from scandal over Carta’s use of company data
- $7.4 billion startup abruptly exited the stock sale business
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Financial technology startup Carta was hit with a fiery lawsuit by its former chief technology officer, adding to an already chaotic month for the company.
Ex-CTO Jerry Talton accused Chief Executive Officer Henry Ward in a suit filed Friday of misusing Carta resources and called Ward “charismatic, but insecure and narcissistic,” also comparing him to Don Corleone from The Godfather.