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  "documentTitle": "Remitly Global, Inc. (RELY)",
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      "text": "Smyth Was A Director At Bankrupt Lilium NV Which Was Alleged To Be A Fraud By An Activist",
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      "text": "Documented Concerns At Frontier Communications: Spruce Point recently highlighted the shortcomings of Frontier in a report. We questioned why they failed to flag related-party dealings with an executive's sibling. Moreover, the FTC recently blasted Frontier for duping consumers, while the CT utility regulator alleged Frontier committed fraud and put public safety at risk.",
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      "text": "Spruce Point questions why Remitly appointed Peggy Smyth to its Board of Directors and as its Audit Chair.",
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      "text": "In a recently published report titled, Iceberg Research notes that \"Recent events have taken a dramatic turn at German eVTOL company Lilium (LILM), with management warning the company faces near-term insolvency... the real reason why Lilium is in this predicament is that it is a fraud.\"",
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      "text": "Spruce Point questions why Remitly appointed Peggy Smyth to its Board of Directors and as its Audit Chair. Mrs. Smyth has a history of serving on public Boards of controversial companies such as Etsy (alleged to promote counterfeit products), Frontier Communications (blasted by the FTC for lying to customers), and now bankrupt Lilium NV where an activist alleged it was a fraud.",
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      "text": "In a recently published report titled, Iceberg Research notes that \"Recent events have taken a dramatic turn at German eVTOL company Lilium (LILM), with management warning the company faces near-term insolvency... the real reason why Lilium is in this predicament is that it is a fraud.\" — Iceberg Research",
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      "text": "Source: Lilium and Remitly websites, Etsy article, FTC blasts Frontier, Spruce Point report referencing Frontier, Lilium called a fraud.",
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