Byju’s founders’ threat of defamation case an attempt to distract from facts: Glas Trust

US-based lender agent Glas Trust has alleged that Byju’s founders’ plan to file a defamation case is an attempt to distract from the facts after several court orders against them.

The legal counsel of Byju’s founders, J Michael McNutt, rejected the allegations levelled by Glas Trust, calling it “incomplete and misleading”.

The counsel of Byju’s founders, Byju Raveendran and Divya Gokulnath, on Thursday said they are gearing up to file an over $2.5 billion suit against Glas Trust and others for damage to their reputation and business.

“Byju Raveendran’s…