Yik Yak's Co-founders Are Being Sued By A Fellow Frat Brother Who Says He Was Screwed Out Of One-Third Of The Company
Yik Yak
Wastler was a fraternity brother of Buffington and Droll who says he was given one-third of the company. Buffington and Droll allegedly offered to buy out his one-third stake. Wastler says he refused, and then Droll and Buffington created a new company without him.
It's very similar to the tale of Reggie Brown and Snapchat. In fact, Warstler has hired Brown's lawyer, Luan Tran, to represent him in the Yik Yak case.
The complaint, which was filed today by Tran's team, includes paperwork that shows the intial company Warstler, Buffington, and Droll allegedly created together, Locust Engineering.
Here's the complaint, below.
This is breaking news. More to come, stay tuned.
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