- Report: #254245
Complaint Review: Health Chem Corporation - York Pennsylvania
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Health Chem Corporation
101 Sinking Springs Lane York, 17318 Pennsylvania, U.S.A.
Phone:
717-764-1191
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Health Chem Corporation Management ripping off shareholders, stripping assets, hiring indigent relatives, paying themselves before creditors York Pennsylvania
The Board of Directors, Manfred Mayerfeld, Andy Yurowits (Chairman & Stock Broker) and Andrew Levinson (Atty), have wilfully mismanaged the company, sales cut in half, no money to operate, failed to keep key contract payments, conspired to dissolve the company after Yurowitz stripped all the cash and assets out to his realty company. SEC filings inaccurate, late and grossly misleading. Stock valuation destroyed, now down to 2 cents from $11. Matter in hands of the PA & NY Attorney General. 1100 sharelholders' stakes ruined. This was a promising pharmaceuticla mfg co.
Yosef
Monsey, New York
U.S.A.
Yosef
Monsey, New York
U.S.A.
1 Updates & Rebuttals
Ken
Lome,Florida,
United States
Yosef is correct
#2UPDATE EX-employee responds
Fri, March 23, 2018
As the former CGFO and President of Health Chem I witnessed the asset stripping and mismanagement by the Board of Dirctors and I fought against it. So...they fired me to get rid of me. It could have been a significant profitable company.
