- Report: #1436482
Complaint Review: Crane Kahn - New York New York
-
Author Confirmed
Why?
Crane Kahn
New York, 10065 New York, United States
Web:
Cranekahn.com
Categories:
Business Rating:
(0)
Tell us has your experience with this business or person been good?
Crane Kahn Al Kahn Alfred R. Kahn Investment Loss New York New York
Avoid doing business with Al Kahn of Crane Kahn LLC. Al Kahn is the founder of 4kids Entertainment, who went from a billion dollar valuation to zero after filing bankruptcy once as 4kids Entertainment, and then again as 4Licensing Corporation. Kahn looted 4kids for millions, while investors took one hundred percent losses. With the I'll gotten gains, Kahn bought Madoff's penthouse, a further slap in the face to investors he wiped out.
Al Kahn played a large role in the second bankruptcy, as well, after the company had changed its name to 4licensing Corporation. By conspiring with then CEO Bruce Foster to manipulate the vote at the 2015 annual meeting, Kahn made sure that Foster retained to further loot the company. After the last of the money was relieved from the coffers, Bruce Foster simply handed in the keys, and transferred the company to Al Kahn, Phil Frohlich, Wade Massad, Ken Feldman and Leslie Rudd, leaving the average shareholder with one hundred percent losses.
Al Kahn has a history of destroying other people's money. Do not let him do it to you. Do not let him rewrite history. Investors lost it all.
