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Enron Mail |
I am familiar with one active case and one threatened litigation involving
the companies on the Investment Portfolio list. Steel Dynamics has been sued for securities fraud involving the NSM transaction. Cgas has been threatened with litigation by Jerry Jordan, the former CEO. Jerry Jordan disagrees with Cgas' evaluation of the stock he retained (which is subject to a buyout provision). We think it is worth +/- 500,000. He thinks it is worth +/- 1.5 million.
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