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.
CORRECTION: The original headline for this item incorrectly indicated Pay By Touch itself has filed for bankruptcy. The company has not filed for bankruptcy.