MicroStrategy Inc (NASDAQ: MSTR) shares are trading lower Wednesday after D.C. Attorney General Karl A. Racine announced a lawsuit against the company’s co-founder and executive chairman Michael Saylor.
What Happened: Racine took to Twitter Inc (NYSE: TWTR) Wednesday afternoon to announce a lawsuit against Saylor for alleged tax fraud.
“Today, we’re suing Michael Saylor – a billionaire tech executive who has lived in the District for more than a decade but has never paid any DC income taxes …
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