WeWork’s Adam Neumann calls out SoftBank ‘abuse of power’ in lawsuit

WeWork cofounder and former CEO Adam Neumann, who once called his relationship with SoftBank’s Masa Son “beautiful”, is now suing the Japanese conglomerate — and his language has changed dramatically.

In the lawsuit, Neumann accuses SoftBank of backing out of a key provision of its nearly $10 billion bailout of the coworking company, which SoftBank agreed to in October. The deal gave SoftBank control of the company and included a $3 billion tender offer to WeWork’s early shareholders, but SoftBank withdrew the tender offer last month. Neumann would have been the biggest beneficiary of the tender offer, cashing out $970 million worth of his stake. Other early investors and employees…