NORTHBROOK, Ill.--(BUSINESS WIRE)--QuietAgent, Inc. today announced that it has filed a lawsuit in the Delaware Chancery Court against Symphony Technology Group, LLC, four of its affiliated funds and their three designees to the Board of Managers of Findly Talent, LLC. QuietAgent, a minority investor in Findly, alleges that the defendants abused their control of Findly by approving and consummating a series of self-interested financing transactions to benefit their own economic interests to the substantial detriment of QuietAgent and Findly’s other minority investors.
QuietAgent is seeking, among other relief, a court order reforming the terms of the financing transactions to make them entirely fair to Findly and its minority owners and compensatory damages.
Symphony Technology Group is a private equity firm headquartered in Palo Alto, CA that invests in software and services companies.
Findly is a leading provider of on-demand talent through its offerings of comprehensive talent acquisition solutions and services and fully integrated software.
QuietAgent, through its Social Qnect subsidiary, builds mobile applications for affinity groups. SmartMom and the other apps Social Qnect intends to develop provide a simple answer to a pervasive human need for quick, on-the-go human connections and insights.