Aug. 21 at 1:25 AM
$CODI Lawsuit for fraud filed against Mr. Ferder is
$100MM. The former Lugano executive has fled the country to Israel. If he wants his life back he’ll have to compensate
$CODI. Otherwise he’ll be hunted for life.
If the total damages are indeed capped at
$100MM and you then apply insurance coverage against fraud. The actual loss will be much less. The 8 other businesses are indeed profitable and I believe Lugano is worth at least
$200 mill to a potential buyer.
To lose
$7-8 hundred million of market cap due to this criminal act is an over reaction.
That’s my opinion.
Bullish as all hell.
$$$