directors griffles They confessed during the conference presented. He told investors that the National Securities Exchange Commission had given them a ten-day deadline to clarify their relationship with Scraton, the investment vehicle Gotham City had its eye on. The pharmaceutical company claimed that the group’s founding family was not the majority owner in the company and that only three of the 22 investors in the holding company were from the Grifols family. The bear fund claimed in a report on Tuesday that it was used to “compensate” the group’s accounting to reduce the debt they showed to investors, causing the stock market to fall as much as 25%.
The Catalan group publicly denied all accusations and relied on the fact that its accounts were public and audited and approved by KPMG. In order to bring transparency and trust to the market, the company held a conference call this Thursday and answered investors’ questions directly. CEO Thomas Glanzmann is committed to improving governance and communication.
In this telephone meeting, attended by the company’s senior staff (Alfredo Arroto, Víctor Grifols, Raimon Grifols and Thomas Glanzmann), issues such as the group’s large debt or the sale of part of the company’s subsidiary in China were discussed. “Thanks to this sale, we will be able to reduce our sales, which is one of our main goals, and this operation will continue in the coming months.”Raimon Grifols noted.