The 12,000 people who lost money when Carolina Investors Inc. failed nearly 3-1/2 years ago likely will get one final payout before the books are closed on a saga that erased an estimated $278 million from a life's work for retirement, small businesses and college funds for grandchildren.
At most, however, they will get another half a penny to add to the 18 cents they have received for each dollar they lost when the Pickens-based company ran out of money and abruptly closed its doors.
Monday, August 28, 2006
Carolina Investors case near final payout
From the Greenville News:
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