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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%

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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.
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

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.

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 /  🏆 98. in KR

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