Optimum, Patrick Drahi Sued by Creditors Who Allege ‘Fraudulent’ Deal-Making
Creditors to Optimum Communications Inc. are suing the telecommunications company, demanding the company unwind transfers they claim siphoned away value out of their reach and into the pockets of insiders,...
By Reshmi Basu · Bloomberg Markets
Creditors to Optimum Communications Inc. are suing the telecommunications company, demanding the company unwind transfers they claim siphoned away value out of their reach and into the pockets of insiders, including controlling shareholder Patrick Drahi.