Anonymous
Guest
Anonymous
Guest
Looks like AIT, et al, is on the ropes. With the Dept. of Labor going after Doc Evans for fake value on the ESOP ($106,200,000 according to Moss Adams when City Securities had valued AIT at $5,226,844) with Evans, Terrell, Pederson & Orme each getting $2,705,459.51 in cash. Looks like these aholes will be paying that money back, hope they have to pay interest. Maybe some day justice will be served and those of us with a stake in the fake ESOP may get something as promised. Check out Thomas Perez v. PBI Bank, Evans, AIT & ESOP, US District Court, Southern District of Indiana, Indianapolis Division, Civil Action 14-1429.