A Disastrous Week For MUBB Got A Little Worse

[Heisenberg]

Big Money MU Donor (and money patron of the basketball program), Marcus Lemonis (aka "The Profit" on CNBC) was hit with a major shareholder lawsuit.

(Lemonis is an early 1990s MU grad)

Camping World Crashes After CNBC's Lemonis Accused Of Insider Trading
https://www.zerohedge.com/news/2019-04-18/camping-world-crashes-after-cnbcs-lemonis-accused-insider-trading

CNBC host Marcus Lemonis, aka 'The Profit', has been hit with a shareholder lawsuit in Delaware claiming that he and a well-known private-equity investor manipulated the market while taking an RV supply company public.

In a complaint unsealed yesterday, Bloomberg reports that the plaintiff - the Lincolnshire Police Pension fund - alleges Lemonis and Stephen Adams used a series of public offerings to cash out of Camping World Holdings Inc. without relinquishing their control of it, even though Camping World was "in no way ready to be a public company.

[Jay Bee]

#FakeNews #Lies

The lawsuit is from last fall

Is 1995 the "early 90's"??

Still over 30% higher than its 52wk low

Lawsuits like these are a dime a dozen

[Avenue Commons]

Marcus is a mid-90's grad.

This isn't totally new. Situation should resolve. This isn't a criminal situation.

[Heisenberg]

#FakeNews #Lies

The lawsuit is from last fall

Is 1995 the "early 90's"??

Still over 30% higher than its 52wk low

Lawsuits like these are a dime a dozen

So ... he has not cheated enough to impress Jay Bee.

[Jay Bee]

So ... he has not cheated enough to impress Jay Bee.

You're simply making stuff up and telling lies

[Heisenberg]

Making up what?  Story dated today (in fact in the last hour or so).

Are you Marcus Lemonis?

[fjm]

You're simply making stuff up and telling lies

But JB. It's Heisey. He's allowed to.

Take him for his words! Not the facts!!!

[Dr. Blackheart]

[NorthernDancerColt]

#FakeNews #Lies

The lawsuit is from last fall

Is 1995 the "early 90's"??

Still over 30% higher than its 52wk low

Lawsuits like these are a dime a dozen




Amen.
Plus, the Lincolnshire Police is one of the most lavish departments in America. They hire top rated law-firms, their fundraising is unparalleled, they should almost have their own ticker symbol on nyse. Their station looks like a corporate retreat. Wouldn't doubt if this is how they augment their pension fund...by filing frivolous suits hoping one will stick.

[Heisenberg]

Try this. 

Camping World was $46 in Dec 2017 (15 months), hit $11.18 on Dec 18 and is now $14.  but but but  ... it 30% off the low (and also 70% off the top).

This stock is showing no problem at all, right JB (Mr. Lemonis)?

[Jay Bee]

Making up what?  Story dated today (in fact in the last hour or so).

Are you Marcus Lemonis?

If I write a story about the civil war and post it today, will you believe the civil war occurred today?

[LloydsLegs]

Big Money MU Donor (and money patron of the basketball program), Marcus Lemonis (aka "The Profit" on CNBC) was hit with a major shareholder lawsuit.

(Lemonis is an early 1990s MU grad)

Camping World Crashes After CNBC's Lemonis Accused Of Insider Trading
https://www.zerohedge.com/news/2019-04-18/camping-world-crashes-after-cnbcs-lemonis-accused-insider-trading

CNBC host Marcus Lemonis, aka 'The Profit', has been hit with a shareholder lawsuit in Delaware claiming that he and a well-known private-equity investor manipulated the market while taking an RV supply company public.

In a complaint unsealed yesterday, Bloomberg reports that the plaintiff - the Lincolnshire Police Pension fund - alleges Lemonis and Stephen Adams used a series of public offerings to cash out of Camping World Holdings Inc. without relinquishing their control of it, even though Camping World was "in no way ready to be a public company.

That's a low blow, Heisy.

https://media.giphy.com/media/3oAt2051iMxcHOxpGU/giphy.gif

[NorthernDancerColt]

If I write a story about the civil war and post it today, will you believe the civil war occurred today?

The lawsuit was filed last fall. Some quick research would have led him to market analysts positing that Camping World's liabilities related to multiple acquisitions (I believe Gander Mt was one) has created short-term paranoia among uneducated investors....

Sounds like the Lincolnshire Police Pension fund to me.

[JakeBarnes]

The lawsuit was filed last fall. Some quick research would have led him to market analysts positing that Camping World's liabilities related to multiple acquisitions (I believe Gander Mt was one) has created short-term paranoia among uneducated investors....

Sounds like the Lincolnshire Police Pension fund to me.

+1.

[The Equalizer]

Lawsuits like these are a dime a dozen

How are they like Diener?

[Coleman]

Unless its coming from the SEC or federal prosecutors, big F'n deal.

This smells to high hell of the pension fund trying to get a settlement. Hope he doesn't give in.