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+ - Color Labs shut down and acquired by Apple, founder target for lawsuit->

Submitted by beeudoublez
beeudoublez (619109) writes "Color Labs, the company that received 41MM USD for building the Color app is confirmed to have been bought by Apple. However, the founder Nguyen is the target of a lawsuit that alleges he improperly spent funds and intimidated employees

The Color app has intrigued many as it received a large amount of funding for little-to-no revenue model http://blog.kissmetrics.com/color/"

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Color Labs shut down and acquired by Apple, founder target for lawsuit

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