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Lawsuit claims Snap Inc. hasn’t been honest about its pre-IPO performance metrics | TechCrunch

Lawsuit claims Snap Inc. hasn’t been honest about its pre-IPO performance metrics | TechCrunch: Anthony Pompliano, the one-time head of Snap’s growth and user engagement team, is seeking an injunction and�monetary relief�after�being fired just�three weeks into his tenure.�Mr. Pompliano, now a venture capitalist at his own firm, alleges that�he was fired for cause after trying to bring attention to systemic misrepresentation of of the company’s internal key performance metrics — resulting in�the loss of his employee stock options and potential salary in addition to creating�a major eye-sore on his resume.

Afterwords,�Mr. Pompliano alleges that on multiple occasions, when called for reference, Snap Inc. prevented him from getting hired in similar roles at other�companies�by falsely presenting him as�incompetent.

In a suit filed with the�L.A. County Superior Court,�Pompliano’s lawyers outline the tragic story of a whistleblower caught in the fury of an angry tech company seeking�to prevent Mr.�Pompliano from future employment.

Snap Inc. denies these accusations saying, “We’ve reviewed the complaint. It has no merit. It is totally made up by a disgruntled former employee,” in a statement to TechCrunch.

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