#ProsecutePatMahaffy

Quote
Mahaffy and Graham need to be charged with securities fraud amongst other things. They prevented a sale offer from reaching shareholders on multiple occasions in the year and years leading up to their unnecessary bankruptcy garbage. In 2020 and in 2022 there were offers to sell the company for amounts that greatly exceeded debts owed. Instead they opted for bankruptcy with KEIP attachments to pay themselves more than they would have received otherwise due to the higher averages of their shares/option costs.

Criminal actions occurred here.
 






anonymous said:
Mahaffy and Graham need to be charged with securities fraud amongst other things. They prevented a sale offer from reaching shareholders on multiple occasions in the year and years leading up to their unnecessary bankruptcy garbage. In 2020 and in 2022 there were offers to sell the company for amounts that greatly exceeded debts owed. Instead they opted for bankruptcy with KEIP attachments to pay themselves more than they would have received otherwise due to the higher averages of their shares/option costs.

Criminal actions occurred here.
Click to expand...


Pat Mahaffy is a criminal that orchestrated securities fraud for years including a bankruptcy plotted as far back as 2019 instead of cutting a deal with a sale.

Mahaffy’s bankruptcy bonuses are more than he could have made through a sale due to the exercise price of his options/RSUs
 






anonymous said:
Mahaffy and Graham need to be charged with securities fraud amongst other things. They prevented a sale offer from reaching shareholders on multiple occasions in the year and years leading up to their unnecessary bankruptcy garbage. In 2020 and in 2022 there were offers to sell the company for amounts that greatly exceeded debts owed. Instead they opted for bankruptcy with KEIP attachments to pay themselves more than they would have received otherwise due to the higher averages of their shares/option costs.

Criminal actions occurred here.
Click to expand...


Offer made in 2020 to buy Clovis Oncology, another offer made in 2022 from a different company, Pat Mahaffy’s criminal fraud with debt holders who were also major shorts on CLVS is the “why”. Pat Mahaffy and Ginger Graham facilitated the theft of three billion dollars from CLVS shareholders.
 












The criminal fraud investigation into Mahaffy and his venture capitalist loser buddies is finally on. The illegal short selling against CLVS, which included participation from Pat and the board of never-direct anything positive, is part of the DOJ investigation that started last Fall but was sealed until this week. Finally what many of us suspected is being proven true, Pat is a criminal thief that made sure to take as much cash as he could for himself while making all of our RSUs worthless, bonus plan terrible, and total comp below 85% of our industry. Which is pathetic considering the number of primary care reps out there, diagnostics, etc.

I truly hope that Pat is eventually sent to prison for his actions because I have worked here for more than six years and never made a single cent off of the equity awards that I earned. Shit even the shares I had purchased are massively in the red, it is insanity, criminal activity, or both.

F OFF PAT AND ENJOY PRISON
 






Once sleazebags, always sleazebags.


SEC.gov | SEC v. Clovis Oncology, Inc., et al. Case No. 18-cv-02381-CMA (D. Colo.)

SEC.gov | SEC v. Clovis Oncology, Inc., et al. Case No. 18-cv-02381-CMA (D. Colo.)

On September 18, 2018, the Commission filed a complaint (the “Complaint”) against Clovis Oncology, Inc. (“Clovis”) and Patrick J. Mahaffy (“Mahaffy”), its Chief Executive Officer, and Erle T. Mast (“Mast”), its former Chief Financial Officer (collectively, the “Defendants”). The Complaint alleged that over a four-month period starting in July 2015, Clovis and Mahaffy misled investors about how well Clovis' flagship lung cancer drug Rociletinib (“Roci”) worked compared to another drug.
 






anonymous said:
Once sleazebags, always sleazebags.


SEC.gov | SEC v. Clovis Oncology, Inc., et al. Case No. 18-cv-02381-CMA (D. Colo.)

SEC.gov | SEC v. Clovis Oncology, Inc., et al. Case No. 18-cv-02381-CMA (D. Colo.)

On September 18, 2018, the Commission filed a complaint (the “Complaint”) against Clovis Oncology, Inc. (“Clovis”) and Patrick J. Mahaffy (“Mahaffy”), its Chief Executive Officer, and Erle T. Mast (“Mast”), its former Chief Financial Officer (collectively, the “Defendants”). The Complaint alleged that over a four-month period starting in July 2015, Clovis and Mahaffy misled investors about how well Clovis' flagship lung cancer drug Rociletinib (“Roci”) worked compared to another drug.
Click to expand...

Anyone who was stupid enough to join the company after this shit broke in 2018 has only themselves to blame.
 






anonymous said:
Pat Mahaffy is a criminal that orchestrated securities fraud for years including a bankruptcy plotted as far back as 2019 instead of cutting a deal with a sale.

Mahaffy’s bankruptcy bonuses are more than he could have made through a sale due to the exercise price of his options/RSUs
Click to expand...

mahaffy = scumbag criminal
 






Mahaffy and Graham need to be charged with securities fraud amongst other things. They prevented a sale offer from reaching shareholders on multiple occasions in the year and years leading up to their unnecessary bankruptcy garbage. In 2020 and in 2022 there were offers to sell the company for amounts that greatly exceeded debts owed. Instead they opted for bankruptcy with KEIP attachments to pay themselves more than they would have received otherwise due to the higher averages of their shares/option costs.

Criminal actions occurred here.
 












Mahaffy and Graham need to be charged with securities fraud amongst other things. They prevented a sale offer from reaching shareholders on multiple occasions in the year and years leading up to their unnecessary bankruptcy garbage. In 2020 and in 2022 there were offers to sell the company for amounts that greatly exceeded debts owed. Instead they opted for bankruptcy with KEIP attachments to pay themselves more than they would have received otherwise due to the higher averages of their shares/option costs.

Criminal actions occurred here.
 












Mahaffy and Graham need to be charged with securities fraud amongst other things. They prevented a sale offer from reaching shareholders on multiple occasions in the year and years leading up to their unnecessary bankruptcy garbage. In 2020 and in 2022 there were offers to sell the company for amounts that greatly exceeded debts owed. Instead they opted for bankruptcy with KEIP attachments to pay themselves more than they would have received otherwise due to the higher averages of their shares/option costs.

Criminal actions occurred with the CLVS BOD and it was all directed by Pat and Ginger to cover all of the illegal naked shorting they knew their debt holders were exposed to.
 












anonymous said:
Mahaffy and Graham need to be charged with securities fraud amongst other things. They prevented a sale offer from reaching shareholders on multiple occasions in the year and years leading up to their unnecessary bankruptcy garbage. In 2020 and in 2022 there were offers to sell the company for amounts that greatly exceeded debts owed. Instead they opted for bankruptcy with KEIP attachments to pay themselves more than they would have received otherwise due to the higher averages of their shares/option costs.

Criminal actions occurred here.
Click to expand...

It will happen. Information has been slow, but Graham and Mahaffy were in meetings two full years prior to what they claimed regarding “guaranteed bankruptcy” and they chose not to disclose these facts to investors and regulators. It is illegal and they will eventually be prosecuted for all of their fraud.
 






Top Bottom
Back
Quote