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Former CEO of Startup Headspin Pleads Guilty to Wire Fraud

By
Kate Clark
· · Source: The Information

Manish Lachwani, the co-founder and former CEO of mobile app testing startup HeadSpin, pled guilty to wire fraud and securities fraud in San Francisco federal court on Thursday. Lachwani was arrested in 2021 for providing false key financial metrics to venture capital investors. His sentencing hearing is scheduled for September 23. Palo Alto-based HeadSpin, founded in 2015, was once valued...

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