Delaware Court Delays Patriot National Dividend, Stock Repurchase Plans

By Sinead Carew | December 18, 2016

  • January 24, 2017 at 11:13 am
    john knapp says:
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    can we get the ceo to issue some sort of statement as to why he turned down the offer from ebix that statement of exploring other opportunities is not an explanation that has any meaning

    can we file a motion to stop paying our ceo until this class action is resolved

  • March 6, 2017 at 5:45 pm
    Irish Ciowboy says:
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    Has there been any movement on this case of the “bait and switch” dividend announcement?? I was initially awarded the dividend, used it to buy additional stock and 3 days later I had a ‘call” for over $7,700 to repay dividends that e-Trade took back out of my account. How is THAT even legal on PN’s part???

  • March 10, 2017 at 9:57 am
    Frank Teller says:
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    Majority of Patriot’s revenue is derived from Guarantee Insurance. Patriot National had to give Guarantee Insurance $30 Million to stay alive otherwise
    the State would have shut them down. Guarantee Insurance lost $27 Million in 2016. The CEO and Majority Shareholder of Patriot owns Guarantee Insurance.
    Looks like a Ponzi scheme to me. It’s soon to be lights out for Patriot.



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