Prisjakt IPO faces $2B lawsuit, but only 5% of damages expected for shareholders

Prisjakt, a Swedish price comparison site, faces a 21.4 billion kronor lawsuit as it prepares for IPO. Breakit reports that only about 5% of potential damages are expected to reach shareholders of the listed company. The lawsuit adds uncertainty to the IPO valuation, but the limited shareholder exposure may mitigate downside.