Jones Inc v WJ

Jones Incorporated versus WJ, or simply Jones Inc v WJ, is a court case regarding the supposed fraud in the acquisition of Double U Incorporated by Jones Incorporated. The case ended in a settlement, with WJ (the former CEO of Double U) getting extra payment in exchange for the acquisition to be final.

History
On 17 February 2020, WJ offered his company Double U for sale for the small amount of $5. KN, the CEO of Jones, bought it, and was finalizing the process when WJ protested the decision. He claimed that he was merely selling his products, not his company, and attempted to give KN some products he was selling. KN denied this, stating that WJ did not mention anything about the products, and "sued" for fraud. This is where the court case formally begins.

The Florin Council acted as the judge. After some time, KN agreed to a settlement, with the terms finalized by WJ. KN paid an additional $20, and WJ accepted the takeover.