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Aimia Inc T.AIM

Alternate Symbol(s):  T.AIM.PR.A | AIMFF | T.AIM.PR.C | T.AIM.PR.D

Aimia Inc. is a diversified company. The Company operates through three segments: Bozzetto, Cortland International and Holdings. The Bozzetto segment is a provider of specialty sustainable chemicals, offering sustainable textile, water and dispersion chemical solutions with applications in several end-markets including the textile, home and personal care, plasterboard and agrochemical markets. The Cortland International segment consists of Tufropes and Cortland Industrial LLC (Cortland). Tufropes is a manufacturer of synthetic fiber ropes and netting solutions for maritime and other different industrial customers. Cortland is a designer, manufacturer, and supplier of technology advanced synthetic ropes, slings, and tethers to the aerospace & defense, marine, renewables, and other diversified industrial end markets. The Holdings segment includes investments in Clear Media Limited, Kognitiv, as well as minority investments in various public company securities and limited partnerships.


TSX:AIM - Post by User

Bullboard Posts
Post by Baxter4on Dec 05, 2012 11:49am
461 Views
Post# 20686874

Just Joined the Lawsuit

Just Joined the Lawsuit

I just heard on the news yesterday that the Class Action lawsuit is still proceeding. Since I lost 62,000 point a couple of years ago (found out when I tried to book a trip to Europe), I was extremley upset. The lawsuit looks to re-instate all lost points, re-imburse any money paid to buy back the points (cheaper to but the flight sometimes) and give anyone affected $50 for the annoyance.

 

Looking at the share price it does not look like investors are too worried about this lawsuit. I'm speculating most people who lost points probably did not have enough to do anything with anyway so a $50 payout will be a big bonus to them and will probably be the biggest expense if AIM loses. My losses occured because I took 13 months between vacations, did not take any business trips and don't have an Esso station near me.

 

I have no shares of AIM and would not touch it because of my situation. What is the concensus of everyone else on the effects of it?

Bullboard Posts