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  "documentTitle": "PetIQ, Inc. (PETQ)",
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      "text": "Petters Company, Inc. (Debtor) v. Lancer Financial Services, LLC et al\nBankruptcy Hearing Complaint",
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      "text": "Defendants knew or should have known that they were benefiting from fraudulent activity, or at a minimum, failed to exercise reasonable due diligence with respect to Petters, PCI and Redtag in connection with the Ponzi scheme.",
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      "text": "68. Defendants knew or should have known that they were benefiting from fraudulent activity, or at a minimum, failed to exercise reasonable due diligence with respect to Petters, PCI and Redtag in connection with the Ponzi scheme. Defendants ignored numerous indicia of fraud from the general manner in which Petters, PCI, and Redtag operated. Among other things,",
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      "text": "In 2004, Christensen left Polaroid to join Broadsign, a digital advertising firm of which Petters was primary shareholder,1,2 and whose US headquarters was located in the same office building as Petters Group Worldwide. Per court filings, Christensen received two “termination payments” totaling $2.5M upon leaving Polaroid, dwarfing his 2003 bonus of $100K. The bankruptcy court characterized these payments as inappropriate, and suggested that Christensen should have been aware that “...he was benefitting from fraudulent activity....” He was replaced 2-3 years later by the former CFO of Petters Group Worldwide1 and reassigned within the company,3 though his LinkedIn account suggests that he was “CEO” throughout his tenure.",
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      "text": "Should Have Been Aware Of The Scheme Given His Proximity To It?",
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