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deathwatch
Court forces Pay By Touch to hand over the reins

By Mary Jane Irwin, 4:23 PM on Wed Nov 14 2007, 1,258 views (Edit, to draft, Top, Slurp)

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Pay By Touch continues to get slapped around legally. A Delaware court has ordered it be placed under outside control, thanks to investor concerns over management. No kidding? Convicted felon and CEO John Rogers blew $190 million-plus in venture funding and has a slew of unpaid employees. He also has a bad case of moral bankruptcy.

More about John Rogers

John Rogers

The dotcom douche of Beverly Hills
Poor John Rogers. The former CEO of Pay By Touch can't pin the fall of his online-payments startup, which raised $340 million and employed 750 people before going bankrupt.

Pay by touch

Washed-up NFL players want money back from SF startup
Seven former NFL football players — including Drew Bledsoe — are suing UBS, a Swiss bank, for investing their money in collapsed electronic-payments firm Pay By Touch. More »

deathwatch

Requiescat in pace, Pay By Touch
Biometrics payments firm Pay By Touch shuttered for good yesterday. The last remaining client retailers will unplug their Pay By Touch fingerprint payment machines Thursday morning, a tipster tells us.

Read More: deathwatch, John Rogers, Pay by touch, Valleywag

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