"SoftBank will vigorously defend itself against these meritless claims," Rob Townsend, SoftBank's chief legal officer, said in a statement. "Under the terms of our agreement, which Adam Neumann signed, SoftBank had no obligation to complete the tender offer in which Mr. Neumann — the biggest beneficiary — sought to sell nearly $1 billion in stock." The suit pits Neumann against SoftBank's head Masayoshi Son — Neumann's biggest cheerleader who pumped about $14.25 billion into WeWork since its inception — and is the first time the two publicly sparred since Neumann was ousted from WeWork last year. In an interview with Forbes last month, Son admitted he spent too much money on WeWork and put too much faith in Neumann. "We paid too much valuation for WeWork, and we did too much believe in the entrepreneur," Son told Forbes.