My message to Mr Nussbaum
Dear Mr. Nussbaum,
I read your recent article in the Daily Deal with great interest. As a CCME investor who has publicly railed against the lies and fabrications propagated by short sellers regarding that company, I cannot resist expressing the irony associated with the subsequent bevy of resignations and Starr lawsuits. In that regard, your article addresses only half of the picture. Clearly the SEC has fallen down on the job, but so have the companies and their advisors.
As an aside, based upon conversations that a third party has had with an employee of CCME and by the takedown of the advertisement seeking CFO candidates, it appears that CCME has hired a chief financial officer but has not filed an 8K announcing that fact. It would surely be important to make that filing if CCME wishes to regain good standing in the US. I am aware that others have pointed out that no filing was made regarding the disposition of the 2009 incentive shares (or at least 900,000 of them), and a correction of that omission would be welcome as well. Of course if CCME plans to go dark, then perhaps such niceties would be pointless.
Sincerely,
Thomas Carey, Partner
Sunstein Kann Murphy & Timbers LLP
125 Summer Street | Boston, MA 02110-1618
617.443.9292 main | 617.443.0004 fax
tcarey@sunsteinlaw.com | www.sunsteinlaw.com
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