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Stock impact report

Trump Appraiser Fined $10,000 a Day for Not Producing Documents [Business News Network (BNN) (Canada)]

Cushman & Wakefield plc Ordinary Shares (CWK) 
Last cushman & wakefield plc ordinary shares earnings: 2/27 04:09 pm Check Earnings Report
for failing to produce documents subpoenaed in a New York investigation of the former president's business. New York Attorney General Letitia James is probing potentially fraudulent asset valuations at the Manhattan-based Trump Organization. She issued subponeas on Cushman & Wakefield in September and February. Cushman & Wakefield failed to block the subpoenas in court and on appeal and was ordered to turn over “an enormous number of documents” by June 27. On June 29, the company sought an extension. “This court is incredulous as to why Cushman & Wakefield would wait until two days after the court-ordered deadliine had lapsed to initiate a process of asking for yet another extension,” New York Supreme Court Justice Arthur Engoron wrote in an order Tuesday. He said the $10,000 a day fine would start July 7 until the company complies with the subpoena. The same judge in April held Trump in contempt of court for failing to turn over records related to potentially fraudulent asset Show less Read more
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