It has been reported that during the process of liquidating Collateral Logistics Inc. (CLI), the owner and sole shareholder of the company Steven “Laser” Haas came across irregularities, unethical practices and outright criminal acts originating from the top at Bain Capital (Mitt Romney’s asset management firm), Goldman Sachs, Kay Bee Toys and Stage Stores, all of which were involved in the machinations to sell eToys for mere pennies to Bain through its interest in Kay Bee.
Haas alleged in his affidavit to the Securities and Exchange Commission on August 3, 2012 that after he uncovered numerous irregularities, he had been offered $850,000 by Bain to keep silent about what he had discovered. When he attempted to report the bribe, he was told that since he had not accepted it, he didn’t have a case. Bain of course denies that the offer was ever made.
Along with Romney, Haas has named Goldman Sachs, Bain Capital, Michael Glazer Barry Gold and Paul Traub in the suit.
Haas claimed that he has evidence that the parties involved have committed perjury on 35 separate occasions — even alleging that there have been murders carried out in attempts to cover up their wrong doing.
His $100 million suit is intended to recover some of the losses incurred by the victims of the unethical and illegal actions of those involved in the chicanery and who reaped handsome profits from the deal.
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