The widow of a telecom tycoon is battling to save her $190m home, accusing a lender of setting up a ‘loan-to-own scheme' [Yahoo! Finance]
Lumen Technologies, Inc. (LUMN)
Company Research
Source: Yahoo! Finance
At the center of this dispute is 79-year-old Karen Winnick (pictured: left), widow of the late Global Crossing founder Gary Winnick (pictured: right). Currently, she's scrambling to stop the foreclosure of her 40,000-square-foot residence, named Casa Encantada, in Bel-Air and becoming “effectively destitute.” In a cross-complaint (1) filed in the Los Angeles Superior Court, Karen accuses lender CIM Group of orchestrating a sneaky “loan-to-own scheme” that ballooned an initial $100 million loan her husband accepted into $155 million in debt. She says she never understood the terms or consented to key collateral, which includes a Malibu home, fine art pieces and her wedding ring. Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here's what it is and 3 simple steps to fix it ASAP I'm almost 50 ye
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LUMN
News
- Lumen Technologies to Hold Fourth Quarter 2025 Earnings Conference CallBusiness Wire
- Lumen: Major Questions For 2026 [Seeking Alpha]Seeking Alpha
- Lumen Technologies (NYSE:LUMN) was upgraded by analysts at Zacks Research from a "hold" rating to a "strong-buy" rating.MarketBeat
- 1 Unpopular Stock That Deserves a Second Chance and 2 That Underwhelm [Yahoo! Finance]Yahoo! Finance
- Lumen Technologies, Inc. Announces Expiration and Results of Previously Announced Tender Offers and Consent SolicitationsBusiness Wire
LUMN
Earnings
- 10/30/25 - Beat
LUMN
Sec Filings
- 1/13/26 - Form 4
- 1/7/26 - Form 4
- 1/7/26 - Form 3
- LUMN's page on the SEC website