MIT

John J. Donovan Loses Again

Excerpts: John J. Donovan Loses Again In Brining v. Donovan, the latest blow to former MIT business professor, John J. Donovan, Judge Davis held that shareholders in Donovan’s failed internet start-up, SendItLater (SIL), could recover more than $700,000 in attorneys’ fees in addition to a December 2019 award of $1.57 million in damages. Relying on […]

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Former MIT professor from Hamilton found liable for misusing startup’s funds

Excerpts: Former MIT professor from Hamilton found liable for misusing startup’s funds John Donovan Sr., 77, of Hamilton, was using investor funds to pay for country club membership, hair treatments, property tax bills, and other expenses, Judge Brian Davis wrote in his decision, according to a report Wednesday in the The Salem News. Donovan, who

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Professor Donovan’s Magnificent Entanglements

Excerpts: Professor Donovan’s Magnificent Entanglements When the news began to circulate in early May that prosecutors had accused John Donovan Sr., the brilliant, fantastically wealthy entrepreneur and one-time MIT professor, of orchestrating his own shooting and then falsely reporting the episode as an attempted murder, the wonder, to the cluster of academics and executives stuck

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