A WeWork shareholder has taken the company to court over the near-$1.7bn (£1.3bn) leaving package approved for ousted co-founder Adam Neumann.

Her lawsuit says the money granted to Mr Neumann is “beyond comprehension” and is “improper”.

It accuses Mr Neumann and WeWork investor Softbank of abusing their control of the company to sign off on the deal at the expense of smaller shareholders.

WeWork called the claims “meritless”.

The suit marks the latest controversy over Mr Neumann’s relationship with the company. He stepped down as chief executive in September, after the company’s efforts to raise money through a stock market flotation collapsed, in part due to questions over his leadership.

After dropping its flotation plans, WeWork accepted a financing package from SoftBank, which included the exit deal for Mr Neumann,

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