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SOPA Images via GettyIt’s been nonstop bad news for billionaire Ron Perelman: the revoked naming rights at Princeton, the “fire sale” of his holdings, and then this summer’s bankruptcy ...
Ronald Owen Perelman (/ ˈ p ɛr əl m ən /; born January 1, 1943) [1] is an American banker, businessman, investor, and philanthropist. [2] MacAndrews & Forbes Incorporated, [3] his company, has invested in companies with interests in groceries, cigars, licorice, makeup, cars, photography, television, camping supplies, security, gaming, jewelry, banks, and comic book publishing.
It is the latest blow to Perelman’s empire following years of headlines about his shaky financial position.In a statement, the company partly blamed its liquidity problems on supply-chain issues ...
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Perelman filed suit in the Delaware Court of Chancery to force Revlon to accept Perelman's offer, and the resulting appellate decision, Revlon v. MacAndrews & Forbes Holdings , was a landmark case in determining the obligations of public company directors in hostile takeover situations under Delaware law.
A recovery room scam is a form of advance-fee fraud where the scammer (sometimes posing as a law enforcement officer or attorney) calls investors who have been sold worthless shares (for example in a boiler-room scam), and offers to buy them, to allow the investors to recover their investments. [92]
In April 2013, in Israel, Eran Mizrahi was convicted for multiple counts of fraud and money laundering and sentenced to 12 years [129] [130] [131] in a scheme which promised and investment in foreign-currency via Swiss banks, but in which outflows were paid from existing investor's funds which were also funneled to Mizrahi and his family.
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