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Bankruptcy filings hit Pay By Touch

November 18, 2007

San FranciscoBusiness Times: Pay By Touch CEO and founder John Rogers has filed for personal bankruptcy amid a gathering storm of legal challenges from nervous investors, employees, and former executives. The 750-person San Francisco-based fingerprint scanning company, seen as one of the city's most promising young tech firms, faces claims from four employees who say they are owed at least $60,000 in back wages.
 
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CORRECTION: The original headline for this item incorrectly indicated Pay By Touch itself has filed for bankruptcy. The company has not filed for bankruptcy.

 

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