Wow... that's like selling your house, the people buying get a second mortgage, default, and the bank sues you... How in the world do they think they can sue Hacketts, the Hacketts weren't even involved in the refinancing?
I'd be watching out if I were in EMPZ right now as I could see them going after the shell for shares (since Hacketts was a sub there).
Tommy blew it, at least we know he won't get any more debentures from YA
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