As many of you know, GT Advanced Technologies Employee CEO Tom Gutierrez has been found flat-out lying to shareholders about the condition of the GTAT Business only 4 weeks before selling more than $500,000 (five hundred thousand dollars) shares of stock to those very same investors he lied to about the strength of the Company’s bank accounts and performance.
On 2/5/15 a hearing took place. It lasted from 10AM to 4:30PM.. quite long. The subject matter was whether this same Employed CEO Tom G. should be further incentivized with hundreds of thousands of cash bonuses for his further employment with the Company.
Of course, as a share holder I am part owner of GTAT. And as a responsible owner of a Company, who doesn’t want a thief masquerading as a business person who is proved to be selling-out his own employers running the Company anymore, I arrived at the Courthouse on the day of the hearing.
I have standing in the Case to present before the Court, being an owner of the Company that is subject to Bankruptcy. Just like a person has standing before the Court to present their own case — you own the Company (in this case, part of it), you are the Company. So I’m there with my face painted
(there are more pics in the rest of the blog plsjump to this link to finish reading)
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