Shareholder Class Action

BOSTON – Former shareholders of Rue La La fka Retail Convergence claim GSI Commerce and its CEO Michael G. Rubin bought Rue La La on the cheap (for $170 million to $350 million, subject to “earn outs”) in a “devious” deal with co-defendant eBay, which is to buy GSI and flip it to Rubin at “a bargain basement price.”

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