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- FuboTV Inc’s FUBO Simone Nardi will depart as the company CFO once it appointed the next Finance Chief to pursue other opportunities. The company filed the 8-K dated June 29 on July 2.
- The announcement follows the U.S. District Court’s dismissal of a shareholder derivative action with prejudice.
- The lawsuit alleged breaches of fiduciary duties of loyalty and good faith and waste of corporate assets. Nardi was one of the defendants in the lawsuit.
- Price action: FUBO shares traded lower by 2.2% at $29.4 in the premarket session on the last check Tuesday.
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