Rent the Runway to pay $9 million settlement in class action
Rent the Runway will pay $9 million to settle a class action alleging the company made misleading investor statements around its IPO.
By Connor HartRent the Runway will pay $9 million, settling a class action lawsuit that alleged the fashion rental company made misleading statements to investors at the time of its initial public offering.The settlement, which resolves all claims brought on by the lawsuit, consists of a $6 million…