News Formal

Lynn Tilton Is Suing Small Companies She Once Led for $30 Million

  • 📰 WSJ
  • ⏱ Reading Time:
  • 3 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 5%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Turnaround executive Lynn Tilton is suing troubled small businesses she once ran, seeking more than $30 million

Through affiliates, Ms. Tilton has filed lawsuits in New York against metal refiner Libertas Copper LLC, employment agency Snelling Holdings LLC, shower-curtain maker Glenoit Universal Ltd., game-controller maker FSAR Holdings Inc.

and 11 other companies that she had managed for years.
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

You mean the 'poet' LynnTilton, malarkey she's the people's CEO. What part of her career doesn't say she is here for the little guy?

Two observations: 1. From this description she was very badly miscast in her role. 2. I'm fascinated by the idea of a company that labels itself a shower-curtain maker. Did they never consider diversifying? Oh wait, see 1.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'Shark Tank' investor Kevin O'Leary: '20% of my small private portfolio' of companies will fail'They have to die, because the consumer is moving into a different direction,' Kevin O'Leary told CNBC. And guess what. Nobody gives a shit what he says. Jesus CNBC stop it with nonsense clickbait bs already. Your website already forces me to disable ad block every time.
Source: CNBC - 🏆 12. / 72 Read more »