It will be the Seattle region’s first tech IPO of 2017. Eraker , a former Redfin CEO , is threatening to sue the company over a pending patent application ahead of its $12 to $14 initial public offering, according to an updated regulatory filing disclosed by Redfin . Although the specific patent application was not mentioned in the letter, sent by a lawyer acting on behalf of Eraker , the company said it contained allegations against "us, Paul Goodrich , a director, and Redfin CEO , an investor, related to events prior to Mr Eraker ’s departure from Seattle in 2004 ".
Eraker , a former Redfin CEO , is threatening to sue the company over a pending patent application ahead of its $12 to $14 initial public offering, according to an updated regulatory filing disclosed by Redfin . Although the specific patent application was not mentioned in the letter, sent by a lawyer acting on behalf of Eraker , the company said it contained allegations against "us, Paul Goodrich , a director, and Redfin CEO , an investor, related to events prior to Mr Eraker ’s departure from Seattle in 2004 ".