U.S. Markets open in 7 hrs 13 mins

Apptio shareholder sues after the company strikes a $2 billion deal

Ashley Stewart
Apptio shareholder sues after the company strikes a $2 billion deal

The lawsuit alleges Apptio and its directors — including CEO Sunny Gupta, Madrona Venture Group's Matt McIlwain and former F5 Networks CEO John McAdam — omitted information about the proposed acquisition in a proxy statement.