The unscrupulous founder tried to screw the author, but the author is legally protected. As a result of the potential resulting lawsuit, Mark Cuban will lose any investment that he made in the new company. Therefore Mark Cuban is the one who gets screwed here.
Presumably the next step is for Mark Cuban to either not put his money in that doomed corporate shell, or to open up a negotiation with the original investors and produce a mutually beneficial arrangement. Actually litigating this is in nobody's interest because that will just pay lawyers to verify the obvious result.
The unscrupulous founder tried to screw the author, but the author is legally protected. As a result of the potential resulting lawsuit, Mark Cuban will lose any investment that he made in the new company. Therefore Mark Cuban is the one who gets screwed here.
Presumably the next step is for Mark Cuban to either not put his money in that doomed corporate shell, or to open up a negotiation with the original investors and produce a mutually beneficial arrangement. Actually litigating this is in nobody's interest because that will just pay lawyers to verify the obvious result.