Massoumi reasonably relied on defendants' misrepresentations, and believed that the board meeting would involve nothing out of the ordinary." Because defendants carefully pretended to follow their usual routines in preparing for the November 2015 board meeting, Mr. Massoumi that they never intended to deliver. "They then manufactured fake meeting materials and even rehearsed fabricated presentations in front of Mr.
Massoumi that the meeting would cover only routine matters," the suit reads. "Knowing that they intended to execute their coup at Zocdoc's November 2015 board of directors meeting, defendants falsely told Mr. Aware of this, the suit alleges that these three executives coordinated a plan that would replace Massoumi with Ganju and, importantly, keep the former CEO and chairman from exercising options that would allow him to take majority control of the company. The company had been investigating new hires to take on the responsibilities of Nikhil Ganju (cofounder and current board member), Oliver Kharraz (cofounder and current CEO), and Netta Samroengraja (former CFO and current chief business officer).
The suit, filed yesterday in New York's Supreme Court, describes a series of events leading up to a Zocdoc board meeting held in November 2015. Cyrus Massoumi, the cofounder and former CEO and chairman of doctor search and appointment-booking platform Zocdoc, has filed a lawsuit alleging that his fellow cofounders and the company's CFO conspired to remove him from the company through "an elaborate series of lies and deceptions."
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