TITLE

Former owner reacts to Meadowcraft lawsuit

AUTHOR(S)
Ingram, Cinde W.
PUB. DATE
November 2010
SOURCE
Casual Living;Nov2010, Vol. 50 Issue 11, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the actions taken by Sam Blount, former owner, chairman of the board and chief executive officer (CEO) of wrought iron furniture manufacturer Meadowcraft, upon learning the lawsuit filed by Wells Fargo Bank and other lenders against his company. Blount fired five top managers of the company and called the U.S. Federal Bureau of Investigation (FBI) when he discovered that the managers lied to banks and misused money from his company.
ACCESSION #
87025253

 

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