Yes — institutional investors were involved in a shareholder class action lawsuit against AMC Entertainment related to its reverse stock split and APE conversion.
The lawsuit stemmed from AMC’s plan to convert its AMC Preferred Equity Units (APEs) into common stock and execute a 1-for-10 reverse stock split. This move was controversial among shareholders, particularly those concerned about dilution and governance implications.
🔍 Key Details of the Lawsuit and Settlement
Plaintiffs: The lawsuit was filed by a group of AMC shareholders, which included institutional investors. While specific institutions weren’t named in public filings, law firms representing the plaintiffs confirmed that institutional holders were part of the class action.
Legal Venue: The case was heard in the Delaware Court of Chancery, under the consolidated case name In re AMC Entertainment Holdings, Inc. Stockholder Litigation.
Core Issue: The plaintiffs challenged the legality and fairness of AMC’s plan to:
Convert APEs into common stock.
Conduct a reverse stock split.
Bypass shareholder voting rights through the APE structure.
Settlement Terms:
AMC agreed to issue 6.9 million shares of common stock to the plaintiffs.
This equated to one share for every 7.5 shares held, representing about 4.4% of AMC’s outstanding shares post-split.
The settlement was valued at over $100 million, based on share prices at the time.
Impact: Shills said the settlement cleared the way for AMC to proceed with its capital restructuring, which was aimed at reducing debt and improving liquidity; however millions of investors who lost value due to this insider operation got nothing directly from the settlement. Even years later the price has not gone back up to where it should be considering how popular it was to invest in that company, or how large the company is relative to all competitors. The price rigging also does not reflect the percentage of debt paid off, or new deals made with Netflix etc, or recovery since the Covid Crisis. Investing in AMC was an attempt by Apes to democratize the market, but the Bear Cartel behind the debt and shorting stole the price value from investors. Despite the corruption in the Delaware courts (see details of the case in other SCOD Blog articles), the impact of the case was to warn corrupt CEOs and the cartels that own them that they might have to pay penalties for naked short selling and tricks like the APE shares, which they were able to use against AMC investors.
🧠 Why It Matters
This case highlights how institutional investors can play a pivotal role in challenging corporate actions they believe may harm shareholder value. It also underscores the legal complexities of equity conversions and stock splits, especially when preferred shares are involved.
If you’re tracking shareholder activism or corporate governance trends, this AMC case is a prime example of how investor litigation can influence major financial decisions. The real price of AMC should be well above $100 by now, with inflation and investor demand regardless of improvements to fundamentals; as is the case with GME and countless other companies attacked by the Bear Cartel.
There are publicly available letters and filings related to AMC’s “Operation Popcorn” and the shareholder litigation, including correspondence to Judge Morgan Zurn in the Delaware Court of Chancery.
These documents were part of the In re AMC Entertainment Holdings, Inc. Stockholder Litigation (Case No. 2023-0215), and they include letters from shareholders, attorneys, and parties involved in the case expressing concerns about alleged collusion, transparency, and fairness.
📄 Key Findings from Letters and Court Filings
Operation Popcorn Allegations:
The term “Operation Popcorn” was used by retail investors and objectors to describe what they believed was a coordinated effort between AMC executives and short sellers to manipulate stock structure and shareholder rights.
Objectors alleged that the APE conversion and reverse split were designed to benefit insiders and institutional short sellers at the expense of retail shareholders.
Letters to Judge Zurn:
Multiple letters were submitted to Vice Chancellor Morgan Zurn, including from:
Mr. Affholter, a shareholder who raised concerns about CEO Adam Aron’s communications and alleged conflicts of interest.
Mrs. Rose Izzo, who filed a Supreme Court appeal and argued that affidavits submitted by AMC and its affiliates contained false claims.
Other shareholders and legal counsel who requested access to the discovery record, citing the need for transparency and fairness in the proceedings.
Special Master Recommendation:
A Special Master appointed by the court recommended that class members be granted access to the discovery record, which included internal communications and documents potentially relevant to the alleged collusion.
Public Access and FOIA:
Some of these letters and filings were posted online under FOIA (Freedom of Information Act) provisions, and can be found on platforms like DocketAlarm and AMCProjectPopcorn.com.
🧠 What This Means
While the court ultimately approved AMC’s settlement and allowed the reverse split and APE conversion to proceed, the existence of these letters and objections shows that many shareholders — including institutional and retail — believed there was misconduct. However, the court ruled in favor of the short sellers and corrupt CEO.
According to Microsoft Ai, here are some of Karp’s sociopathic aspects that make him a psychopath that helps militaries commit crimes like genocide (see Gaza).
🧬 Religious and Cultural Identity
Jewish Heritage: Karp’s father, Robert Karp, is a Jewish pediatrician and civil rights activist2. Karp has publicly identified as Jewish and has been described as a “proud Jew” in media coverage.
Mixed Background: His mother, Leah Jaynes Karp, is a Black artist, giving him a biracial heritage.
Not Publicly Religious: While Karp identifies culturally as Jewish, he does not appear to be religiously observant or aligned with any specific denomination. His worldview is more philosophical and political than theological.
🇮🇱 Zionism and Support for Israel
Karp has been vocally pro-Israel, especially in the context of recent conflicts. He has defended Palantir’s work with the Israeli military and dismissed criticism of civilian casualties.
In a November 2023 public event, when confronted by a Palestinian-American activist who accused Palantir’s technology of contributing to the deaths of Palestinians, Alex Karp reportedly responded: “That’s true—mostly terrorists.” This was in response to criticism that Palantir’s AI and surveillance tools, used by the Israeli military, were enabling strikes that resulted in high civilian casualties in Gaza. Karp did not deny the claim outright—instead, he justified the deaths by asserting that most of those killed were terrorists.
He has described anti-Israel protesters as adherents of a “pagan religion of mediocrity and violence,” and has mocked them in public forums.
Critics have labeled him a “Jewish Zionist”, especially in light of Palantir’s role in Israeli surveillance and targeting operations.
🧠 Ideological Orientation
Philosophical Influences: Karp holds a Ph.D. in neoclassical social theory from the University of Frankfurt and has studied German philosophy extensively.
Anti-Woke, Anti-Progressive: He has repeatedly criticized progressive liberalism, calling it a “thin pagan religion” that is corroding Western institutions.
Pro-National Security: Karp believes tech companies have a duty to support Western governments by making militaries “scary” in defending against terrorism and authoritarian threats.
🧭 Summary
Aspect
Description
Religious Identity
Culturally Jewish, not overtly religious
Zionism
Strongly pro-Israel; supports Israeli military use of Palantir tech, justifies any crimes against humanity or war crimes for glory and business.
Apes like the stock and shake the money tree the rich elite bear cartel naked shorts distort market prices as conspiracy crime. we report the data but they dont do time. S.E.C. Finra and other corporate agencies send buy orders to dark pools and ladder attack with fake sell orders.
People Are Popcorn (Project Popcorn )
Dont take my word for it, look for yourselves. The stock market is rigged for the 1% who rule the world, they pick our politicians and blackmail or assassinate the rest. this is why we cannot have the best. Agencies wage war on hopes of peace.
People Are Popcorn (Project Popcorn)
What’s wrong with the world today? Can anyone come out and play? Indians from America to Asia Africans from Momma-Africa Neanderthal cowboys from Europa What we have in common is that people suck.
Nothing works like it should we cannot have nice things. Except for the rich Living in limousines the 1% in the magazines the rich buy us off the fucking shelves because People cant trust themselves Over-population in excess Selling out is the only success. Other people are hell. Citigroup and Citadel devils ring the bell.
“I am not a crook, I earned every cent I have.” Making money from digital synthetics.
People are popcorn. What does it mean? Delaware court records glean Apes are victims of an evil scheme. Project Popcorn (Project Popcorn ) Project Popcorn (Project Popcorn )
Honorable Judge Michael Moore US District Court South Florida
299 East Broward Blvd Fort Lauderdale FL 33301
Case Donnahue George V Ken Griffin et Al 21-cv-61719
Your Honor,
To respect your power and time, I will keep this summary of AMC stock market corruption brief. As a stock trader who networks with other traders I have witnessed multiple traders document the illegal short selling practices of hedge funds and market makers. Youtube channels like Roaring Kitty, Trey’s Trades, Donnahue George, and professional market analysts like JG Savoldi (BAM Investor) have witnessed it live day after day and shown the tactics in videos, but many of us have recorded the data privately.
The reason it is important to recognize corruption in the markets, is that traders need to know how the rigging works to be able to make money in our form of Capitalism. Currently our system is failing the American working class, because only the richest insiders are making profits by draining liquidity from our savings accounts. The main way the Bear Syndicate steal from us, is they divert our buy orders to the dark pools (off the lit-exchange), so stock prices they target can only go down, since all the public is allowed to see are sell orders (many of which are fake orders and fake shares). This is also well documented in films like ‘Apes Together Strong’ and ‘Wall Street Conspiracy’.
Many of us common stock traders live in fear of the rich companies involved, because we get attacked by their agents when we try to speak out about the corruption. The Bear Syndicate of banks and hedge funds and market makers control social media using bots and the media companies. This Bear Stock Cartel seems to also control CEOs through extortion and bribery. Having power over CEOs has forced thousands of targeted companies to liquidate themselves and submit to corporate raiding practices like taking on toxic debt loaned by the cartel, dilute the value of their own stocks by selling out to the cartel, and lying about the problems.
AMC (both media companies), GME, and Genius companies are not alone in this. The hundreds of companies I monitor have the same short selling problem, during years of record corporate profits for boards and CEOs. This is the reason that millions of share holders are losing their investments, and also the reason that we need justice.
by: Adam Douglas / Historical-fiction comedy satire
This unauthorized biography is an attempt to explain how AMC CEO Adam Aron destroyed his own company with toxic debt, and back-stabbed Ape investors in a black-budget fraud scheme with hedge-funds, market-makers, and broker-bank short-sellers. The Ape movement Notards who exposed Project Popcorn realized that there must be reasons why no law enforcement or market regulators or even the corporate board seemed worried that Aron made bad decisions that not only waste money needed for paying off the billions in debt, but also took the price from $70 to .70 cents. These suspicious financial dealings with other plutocrats appear to be fraudulent according to documented data with millions of eyes on it over the years. This biography is meant to help explain why a CEO would want to bankrupt his own company, decimate millions of investors, and ruin his family legacy while lying about it.
Adam Maximilian Aron was born September 30, 1954. His brother called him ‘pig boy’, because Adam was over-eating by stealing food from other family members. Once his father caught him taking ham from his brother’s plate, but Adam denied it. Adam grew up to be an unkempt over-weight American businessman and unfortunately for retail investors the chairman and CEO of AMC Entertainment Holdings, Inc.. But he started his ugly personality as a young Philadelphia, Pennsylvania lad, who lied about the color of the sky.
As a teenager Adam stole money from his best friend, to rent a tuxedo to lie to his girlfriend that he owned a tux. Twice Adam borrowed cars that he never returned. “I went looking for days with the police, and when we finally found my car it was just abandoned in a parking lot… it was so mysterious because Adam could have returned it, or at least told us where he left it.” said his former girlfriend.
*
College
Adam Aron attended Harvard University in the 1970s. One of his classmates was his future AMC board partner Ambassador Philip Lader. Apes believe that Lader is the AMC connection to black-budget fraud using short-sellers in hedge-funds and broker-banks, due to the unstoppable price manipulation using dark-pools, ladder-attacks, and spoofing etc..
Philip Lader is a former US Ambassador to the Court of St. James’s and former Chairman of multiple CIA front companies with millions of employees in 112 countries. As a senior adviser to Morgan Stanley, he serves on several of its investment committees and boards of its private equity portfolio companies in addition to investment banking responsibilities. When he wears his lawyer hat he is also a retired military JAG officer and partner in the Nelson Mullins law firm.
Lader also served as a member of President Clinton’s Cabinet as Administrator of the US Small Business Administration, Assistant to the President, White House Deputy Chief of Staff, and deputy director of the US Office of Management and Budget. The Clintons have not only been involved in financial scandals, but they have also been involved in State Department intelligence (deep-state spy) operations.
Ambassador Lader serves, or has served, on the boards of the CIA’s RAND Corporation (formerly Vice Chairman), Lloyd’s of London, Marathon Oil, AMC Entertainment, AES Corporation, UC Rusal, Songbird (Canary Wharf), Duck Creek Technologies, and Minerva Corporations, the British Museum, CIA partner the American Red Cross, Counter-Intelligence propagandist the Smithsonian Museum of American History, St. Paul’s Cathedral Foundation, Atlantic Council, an Honorary Fellow of London Business School and Oxford University’s Pembroke College, an Honorary Bencher of the Middle Temple (British Inns of Court), and Bankinter Foundation for Innovation (take your pick which of the British associations are MI-6 related).
Administrator Ambassador Officer Lader AND Adam Aron are members of the Council on Foreign Relations.
Like Adam Aron and Philip, Lader’s wife Linda LeSourd Lader has a retreat company. Linda founded Renaissance Weekends, the non-partisan retreats that seek to build bridges between innovative leaders from diverse fields. They continue to host five Renaissance Weekends each year around the U.S.
Lader was not as lazy as Mr. Aron, because Lader not only went to Harvard, but also to Duke, Oxford, and got degrees from many other graduate schools. Lader graduated Phi Beta Kappa with a Bachelor of Arts in political science from Duke University in 1966, received the Master of Arts in History from the University of Michigan in 1967, completed graduate studies in law and English constitutional history at Oxford University from 1967 to 1968, and received his JD as a Leopold Schepp Scholar from Harvard Law School in 1972.
During his studies at Harvard Law School, Lader was an Assistant Professor of Political Science at Newton College of the Sacred Heart (subsequently merged with Boston College) and a teaching assistant to Harvard Law Professor Paul Freund and Harvard Political Philosophy Professor Louis Hartz. After graduation, he was a law clerk to the late Judge Paul Roney, Chief Judge of the U.S. Court of Appeals for the 11th Circuit (formerly Fifth Circuit) and was associated with the New York law firm of Sullivan & Cromwell. Lader served in the U.S. Army (JAG) Reserves from 1969 to 1975.
Lader was president of Sea Pines Company, a developer/operator of large-scale recreation communities including Hilton Head Island, Amelia Island, and Kiawah Island. Upon sale of that company in 1983, he was president of Winthrop University in Rock Hill, South Carolina, which was awarded the National Gold Medal for “general improvement in programs” by the Council for Advancement & Support of Education during his tenure, and served until becoming a candidate in the 1986 South Carolina gubernatorial election, finishing second to then-Lieutenant Governor Michael R. Daniel and foregoing the run-off in support of Daniel, who narrowly lost to Republican Carroll A. Campbell Jr. in the general election.
From 1986 to 1989, Lader was Executive Vice President of Sir James Goldsmith’s U.S. holdings – which included America’s then-largest private land-holdings, sixth-largest forest products company, largest computer supplier, and oil, gas, and MIC interests. After the assets’ restructuring and sale, he was president and Vice-Chancellor of Bond University, Australia’s first private university.
Under President Bill Clinton, described by The New York Times as “a longtime friend,” Lader was confirmed unanimously three times by the U.S. Senate for his State Department, SBA and OMB roles. Philip Lader takes up too much time just listing his credentials (suspicious).
The Phoenix S.K. Club
Harvard University is known for its prestigious academic programs, but it is also known for its exclusive social scene. One of the most intriguing aspects of this social scene is the presence of secret societies. These organizations are shrouded in mystery and secrecy, and their membership is highly coveted by students. The Phoenix S.K. Club is one of the younger secret societies, founded in the 1890s. It is known for its diverse membership and modern focus on entrepreneurship and innovation.
The Phoenix Club was formed in 1902 by a group of men who were members of Theta Nu Epsilon, a national sophomore society formed as an offshoot of Yale University’s Skull and Bones. The Alpha Iota chapter of Theta Nu Epsilon at Harvard College was chartered in 1895. The members of T.N.E. organized the Phoenix Club for residential and dining purposes, yet still maintained ties as the Alpha Iota chapter to the rest of the society until 1913 when there was a division within that society. It is not known when members of the Phoenix Club ceased to meet as members of Theta Nu Epsilon. Starting in 1902, the Phoenix Club occupied a series of houses, starting with the John Hicks House at 64 Dunster Street, then in 1906 it moved to 97 Mt. Auburn Street, then in 1920 it moved again to the northeast corner of Winthrop and Holyoke Streets.
The Sphinx Club grew out of a small secret society founded in 1897. Originally known by several names, in 1900, almost all the members of this organization joined together in forming the Sphinx Club, located at 1172 Massachusetts Avenue, then 55 Mt. Auburn Street. In 1903 the Club moved to 72 Mt. Auburn Street, the current site of the Phoenix – S K Club.
The Kalumet Club was started by members of the Harvard chapter of Beta Theta Pi, Many in the class of 1900, and occupied a small house on the current Harvard Lampoon building site on Mt. Auburn Street. In 1900, the Club was formally organized as the Kalumet Club and moved to 1178 Massachusetts Avenue. In 1901 it moved to 104 Mt. Auburn Street, then three years later it moved again to 44 Church Street, where it remained until its amalgamation with the Sphinx in 1914.
Members of the Phoenix S.K. Club have gone on to achieve great success in various fields, including business, politics, and entertainment. PSK Club members include: U.S. Secretary of State John Kerry (also a Yale Skull and Bones Order member), actor Matt Damon (Dead Poets Society, Borne Identity), ambassadors, diplomats, politicians, intelligence officers, military officers, CEOs, friend of Adam – Buddy Fletcher (1987): Founder of ‘Fletcher Capital Markets’, Yale School of Forestry, Bear Stearns, Impeached as President of the Phoenix-SK Club, friend of Adam – Kris Kobach (1988): Kansas Secretary of State; Marshall Scholar; White House Fellow; political candidate, Eric Mindich (1988): Youngest partner in Goldman Sachs history at age 27 and founder of Eton Park Capital Management, Viet Dinh (1990): Former Assistant Attorney General of the U.S. (2001–2003) and architect of the USA PATRIOT Act
Other Clubs
The Delphic Club is another well-respected Harvard secret society, established in 1884. It accepts both male and female members and has been a driving force behind many campus initiatives, including philanthropic efforts. Other clubs are The Fly, The Porcellian, and The Shill (just kidding). It is unclear which clubs Adam joined, but by graduating with honors he was probably in at least the honor society Phi Beta Kappa founded in 1776.
The Harvard Lampoon publication was founded in 1876 by seven undergraduates at Harvard University in Cambridge, Massachusetts who were inspired by popular magazines like Punch (1841) and Puck (1871). The Harvard Lampoon is the world’s third longest-running continually published humor magazine, after the Swedish Blandaren (1863) and the Swiss Nebelspalter (1875). The organization also produces occasional humor books (the best known being the 1969 J. R. R. Tolkien parody Bored of the Rings) and parodies of national magazines such as Entertainment Weekly and Sports Illustrated. Much of the organization’s capital is provided by the licensing of the “Lampoon” name to National Lampoon, begun by Harvard Lampoon graduates in 1970.
The Lampoon publishes five issues annually. In 2006, the Lampoon began regularly releasing content on its website, including pieces from the magazine and web-only content. In 2009, the Lampoon published a parody of Twilight called Nightlight, which is a New York Times bestseller. In February 2012, the Lampoon released a parody of The Hunger Games called The Hunger Pains, also a New York Times bestseller. The Lampoon is housed a few blocks from Harvard Square in a mock-Flemish castle, the Harvard Lampoon Building. It has been ranked by the magazine Complex as the fifth most phallic building in the world.
College clubs began as a way for like-minded individuals to socialize. Over time, older clubs took on a more exclusive and secretive vibe, as the legacy became generational. The allure of membership in these societies grew as it became known that they provided access to influential people and exclusive events. These secret societies continue to intrigue and fascinate people around the world. While their practices and traditions may be shrouded in secrecy, their impact on Harvard and the world at large cannot be denied.
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Career
Adam’s first job was in 1979, as an executive ass-kisser in Pan Am Airlines where he was promoted by sociologist Stephen Wolf chairman of Trilantic Capital Partners (Lehman Brothers) and other private equity (hedge-fund) companies. Adam must have been burying the dead bodies for Lehman Brothers, because he held high level jobs in 3 airlines and a resort company from 1979 to 1993.
Pan Am Airlines (1979-85), variety of marketing positions; Western Airlines (1985-87) as Vice President of Marketing; Hyatt Hotels & Resorts (1987-90) as Senior Vice President of Marketing; United Airlines (1990-93) as Senior Vice President of Marketing.
After earning his MBA, Adam Aron went on to make a name for himself in the travel industry, bagging fine ass apes from Hong Kong to Holland and making time to start his career in the marketing department of Pan American World Airways, Here he would get his first experience in marketing, starting his ascent up the corporate ladder eventually to the role of Systems Director, Marketing Plans & Programs. While at PanAm, Adam Aron contributed to the development of the first airline frequent flier program. After a decade with Pan Am, he decided to resign from his position and start a new challenge as Marketing Chief of Hyatt. After three years with Hyatt, he took on the role of Marketing Chief at United Airlines. Here he worked himself up to the Senior Vice President of Marketing. At United, Aron was credited with improving First Class Service & introducing Connoisseur Class service.
In 1993, Adam Aron decided to leave United Airlines at the age of 38 to become CEO for the first time in his career. From 1993 to 1996, Mr. Aron served as President & CEO of Norwegian Cruise Line – the company’s first American CEO in a long line of Scandinavian leadership. Adam claims to have gotten it out of debt by selling off their fleet.
Vail Resorts Chairman and CEO (1996-2006): Aron oversaw the transition from a private ski area to a publicly traded resort company – Mr. Aron took the company public, expanded business 2.5 times (from 2 to 5 ski resorts), acquired thousands of luxury hotel rooms and branched into high-end real-estate development. As a result, Vail Resorts expanded to become the second-largest ski resort company in North America. The company now owns four ski areas in Colorado, one in California, resorts in Wyoming, Florida, New England and elsewhere, and about 8,000 sleeping rooms. His contributions during his time at Vail were hailed by Newsweek with the headline: “Vail Resorts is a peak performer. CEO Adam Aron has transformed the U.S. ski industry.”
Leveraging his many successes across multiple industries, Mr. Aron started Miami-based World Leisure Partners in the spring of 2006, a consultancy focused on solving problems in the leisure-related and/or luxury products and services industries. Leisure Partners’ initial clients included leading private equity investment firms as well as other U.S. & European companies. Concurrently during this time, Mr. Aron was a Senior Operating Partner at Apollo Management L.P. (from 2006 – 2011).
From 2011 to 2013, Mr. Aron served as Chief Executive Officer of the Philadelphia 76ers (his hometown team) as well as majority owner. During his time with the team, the 76ers grew from being the 27th best attendance in the league to selling out the arena, marking the largest percentage gain in attendance in the league.
Mr. Aron’s last venture prior to his tenure at AMC was serving as CEO of Starwood Hotels and Resorts Worldwide, where he was a board member since 2006. While serving as Interim CEO, Starwood was undergoing a $12.2 billion merger with Marriott to form the world’s largest hospitality company. At the end of his short stint at Starwood, Steven J. Heyer, Starwood’s Chief Executive Officer commented “there’s not a more innovative leader in this industry than Adam. As we continue to transform our company, unlocking the substantial power of our brands and implementing an exciting strategy that pushes traditional boundaries, Adam’s insight and instinct will be invaluable.”
AMC Entertainment CEO, President and Chair (2015 – present)
Founded in 1920 in Kansas City, AMC recently celebrated its 100th year in 2020. Over the last decade, AMC’s guest-focused innovations have included the first movie theater to feature all recliner seating, the movie theater industry’s leading loyalty program AMC Stubs, and the movie-going subscription program AMC Stubs A-List.
In January 2016, within two months of taking the top job at AMC Entertainment, Mr. Aron negotiated a $1.1 billion deal to buy Carmike Cinemas, transforming the movie-theater company into America’s biggest exhibitor. A few weeks later, AMC bought Odeon and UCI Cinemas to become the top theater chain in both Europe and the world. In 2017, Mr. Aron masterminded another massive acquisition, snapping up Nordic Cinema Group, and with it securing a foothold as the top box office in Scandinavia. Mr. Aron also paved the way for the chain’s entry into Saudi Arabia, where in 2018 AMC became the first U.S. theater circuit to open and receive a license to operate there in the city of Riyadh. This $3 billion acquisition spree elevated AMC from sleepy Leawood, Kansas into a global exhibition powerhouse with few equals. Since his time with the company, the number of locations in AMC’s network has tripled to 906 and the screen count has roughly doubled to 10,558. In fact, today AMC holds majority market share in the theatre business and has maintained its position despite the ravages of the pandemic.
Wanda Movie Holding EVP Jack Gao lauds Aron’s “ability to target capital investments, implement customer-focused innovations and organize his teams to drive incredible guest experiences that produce exceptional financial returns.”
Adam Aron saved short-sellers by making “check-mate pounce” deals with broker-banks (Goldman, Citigroup, Blackrock) and hedge-funds (Apollo, Mudrick, Centricus, Antara). Adam partnered with Citigroup on Project Popcorn (Judge Zurn court docs), to create APE shares and force a reverse-split and multiple dilutions. The Delaware Court documents also stated that Adam lied about rigging the vote in his favor, and Adam lied about there being a risk of bankruptcy. The AMC share price in 2023 is now at all-time lows.
To keep the business going, Aron and his CFO, Sean Goodman, exploited every possible opportunity available. As a result, they’ve managed to narrowly avoid bankruptcy no less than FOUR TIMES in the space of just nine months. Seems like bad management to keep messing up the budget.
Since 1995, Mr. Aron has been selected by various White House officials to serve on numerous advisory boards. For example, in 1995 when he was selected as a delegate to President Clinton’s White House Conference on Travel & Tourism. After that, the U.S. Secretary of Defense invited him to participate in the Joint Civilian Orientation Conference in 2004. Finally, Mr. Aron also served on the Board of Directors of the National Forest Foundation between 2000 – 2006 at the request of the U.S. Secretary of Agriculture.
In 2021 Aron was worth at least $26.7 million. The fortune is made up of over 277,661 units of AMC Entertainment Inc stock worth over $17,028,961 and an annual salary of $9,671,800 from his position as President, Chief Executive Officer, and Director at AMC Entertainment Inc. Also in 2021, Aron took the unusual step of publicly engaging with his investor base via Twitter. He follows about 2,600 AMC retail stockholders on the platform, and has about 300,000 followers as of August 2023. Adam donated $50,000 Personally to the Dian Fossey Gorilla Fund; he matched the $50,000 donation that AMC made while he was citing bankruptcy being possible.
Philip Lader’s daughter WEF staff member Mary-Catherine Lader might be responsible for helping Blackrock and Goldman Sachs (her former employers) to short-sell and redirect AMC funds. Ambassador and Mrs. Lader’s daughters, Mary-Catherine and Whitaker Lader, co-host Renaissance Weekends. Her mother was associated with the National Prayer Breakfast Ministries (the Christian Political Cult of DC insiders that the documentary ‘The Family’ was made about) throughout the 1970s, she coordinated the 1979 National Prayer Breakfast.
Mary-Catherine is Chief Operating Officer of Uniswap Labs. She previously was a Managing Director at BlackRock, and Chief Operating Officer of the firm’s Digital Wealth business and head of its climate tech business, Aladdin Sustainability. She began her career as an investment analyst with Goldman Sachs’ Special Situations Group and served on the staff of the World Economic Forum’s Davos gatherings for a decade.
She completed the J.D. and M.B.A. degrees at Harvard Law School and Harvard Business School and the B.A. in History at Brown University, where she was Editor of the “Brown Daily Herald.” She was included in Fortune Magazine’s “2023 Finance 40 Under 40.” The family is from Charleston, SC.
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Adam Aron’s infamous lies list
“I did not sell any shares” – Adam sold millions of his own AMC shares, and gave 500,000 to his son who sold.
“AMC risks eminent bankruptcy if we do not do the C/RS.” – Judge Zurn asked for proof, none was provided by the Lehman Bro. accointing firm EY.
“Apes voted yes.” – Judge Zurn stated that computer share rigged votes to allow yes to win.
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