Long Point Capital Sued Over 'Corrupt' Stock-Purchase Plan

By Reenat Sinay (August 10, 2020, 5:21 PM EDT) -- EYP Holdings noteholders have hit private equity firm Long Point Capital with a proposed securities class action in New York federal court, alleging that Long Point "exploited" EYP employees with equity by pushing them into selling their stock in exchange for uncollectible notes, bilking them out of millions....

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