FTX Founder and Co Are "Potentially Compromised" [Yahoo! Finance News]
Overseas Shipholding Group, Inc. Class A (OSG)
US:NYSE Investor Relations:
osg.com/investor-relations
Company Research
Source: Yahoo! Finance News
FTX's overnight implosion caused an earthquake that the business community is trying to figure out by putting the different pieces of the puzzle together.John Ray, a veteran of restructurings, was appointed CEO of the bankrupt cryptocurrency exchange on November 11 to carry out its restructuring.Ray, who notably led the liquidation of the energy broker Enron, has just made his first statement to the court. And this statement is a scathing indictment of the years of founder Sam Bankman-Fried, who was forced to resign as Chief Executive Officer on November 11 after filing for Chapter 11 bankruptcy.His empire consists of FTX and Alameda Research, a trading platform.Ray said Bankman-Fried and his team failed at many levels."I have supervised situations involving allegations of criminal activity andmalfeasance (Enron)," Ray wrote in a 30-page document filed with the United States Bankruptcy court for the District of Delaware.He continued: "I have supervised situations involving novel finan
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OSG
Analyst Actions
- 2/15/24 - TheStreet
OSG
Sec Filings
- 4/16/24 - Form 4
- 4/16/24 - Form PRE
- 4/8/24 - Form 8-K
- OSG's page on the SEC website