Stalling and Stiffing DuPont Imprelis Victims To Minimise Huge Quarterly Hits To Earnings!
Good Morning, Bonjour, Guten Tag, Buon Giorno,
In the past few days, two savvy reporters, Cecil Angel, DETROIT FREE PRESS(May 21 & 25), and Cori Anne Natoli, THE NEWS JOURNAL, Wilmington, Delaware (May 26, 2012) have insightfully disclosed the dirty practice of DuPont Management in stalling and sandbagging the claims of thousands of Imprelis victims. These DuPont AG customers and homeowners have collectively suffered staggering losses in trees and shrubbery from DuPont's extraordinarily toxic and falsely, if not fraudulently marketed turf herbicide, Imprelis, now banned by the U. S. EPA. Some Imprelis victims have been waiting for nine months to receive their DuPont Resolution Agreements; others have gotten Agreements, but no cheques.
DuPont spokeswoman, Kate Childless, delivers the stillborn excuse that the process is "complex" and they are working on it. How quickly and efficiently DuPont Management killed hundreds of thousands of trees countrywide, but lags and lumbers along in the process of making their cheated customers whole.
We believe DuPont Chieftess Ellen Kullman and her unprincipled crew are deliberately sandbagging customers to play to Wall Street, drawing out and lessening the massive quarterly Imprelis charges to earnings. We believe also, the total potential charges for Imprelis, purportedly upwards to $575 million is grossly understated by DuPont Senior Management, for reasons we will explain in a subsequent commentary.
Merely the morning column and opinion of one individual investor, DD shareholder, and long-time student of the dirty-operating DuPont Company...funfun..