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  • terragord7 terragord7 Aug 21, 2013 3:47 PM Flag

    Class Action and takeover

    This is the rumor. Multiple shareholders about to file a class action against E Y AP personally, Blackstone, EK Alix Partners for unjust enrichment, false valuation. Unsec creditors joining the fray and strategic buyers ready to go. Projected 400 millions in profit in the future per year. undervalued real estate, huge hodings abroad, zero for shareholders. Madoff should joint the board. JIMHO . Still rumors of class actions, hearing it and that may push unsec creditors to join and HF too. Unsec creditors getting pennies, while sec creditors put down 400 millions borrow against cash flow and first year profit cover their investment. AM I missing something. Can not buy a pizza store and get my money back after one year. I am in wrong business, should work at Sullivan Cromwell or Blackstone. They steal after putting regulators to sleep with their power point presentations. Better than gandolfini

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