Jun. 21 at 12:44 AM
$ERIE
I'm just keeping a short record here. Erie Insurance delayed my workers' comp payment during a system outage. I was planning to buy 400 Apple Puts (July 18,
$130 strike) and 120 Intel calls (Aug
$33). If a major China/Taiwan event occurres, it could’ve turned into a life-changing return. Instead, my funds were unavailable.
Erie initially said they couldn’t access their systems. Later, they said the check had already been sent to the wrong address. That contradiction remains unexplained. I'm just keeping it on record.
They cost me millions, but on the bright side, earnings should me great. That is if they didn’t funnel the money to external accounts.
Class action anybody?