Lawsuit alleges no due diligence in Amazon’s Project Kuiper launch contracts to Blue Origin, ULA

An institutional investor is suing Amazon and its board, including founder and executive chairman Jeff Bezos, over hefty launch contracts they awarded to Bezos’ space company, Blue Origin. The suit, filed by Amazon shareholders the Cleveland Bakers and Teamsters Pension Fund, alleges that the board spent less than 40 minutes approving the launch agreements for […]