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"As you know, these accounting shenanigans have led to WorldCorp's bankruptcy, the loss of tens of thousands of jobs and the loss of the retirement nest eggs of those employees who had trusted their management and invested their 401(k) funds in WorldCorp stock which, I hasten to add, has been delisted by the New York Stock Exchange and closed trading yesterday at 6 cents per share—down from a high of $128 a share in June of 2001. I invite WorldCorp's Chairman and CEO, Mr. E. Niles Cartwright, to make his statement."
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- Companies:
- Compass Capital Partners
- People:
- E. Niles Cartwright
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