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Stock impact report

Blüm Responds to Allegations of Child Molestation By Bernard Steimann, “People's California” Managing Member; Denounces Sexual Abuse of Children [Yahoo! Finance]

Medalist Diversified REIT, Inc. (MDRR) 
Company Research Source: Yahoo! Finance
operations throughout California, releases a statement publicly denouncing the sexual abuse of children. The statement is released in response to recently filed court documents that contain explicit detail of Bernard Steimann's alleged sexual molestation of a minor. The Company is gravely concerned by publicly filed court documents including an October 2023 Domestic Violence Restraining Order that contain explicit allegations that Bernard Steimann molested a minor, and detail a subsequent pediatrician examination, and referrals and investigations by authorities including Child Protective Services (“CPS”), a Child Abuse Service Team (“CAST”), the Newport Police Department, and medical professionals. The records indicate that a Request For Child Abduction Prevention Orders was filed as recently as March 19, 2024. Blüm acknowledges that the allegations are not a determination of Mr. Steimann's guilt or innocence, and trusts that they will be investigated by the appropriate authoritie Show less Read more
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