Long overdue disclosures of the lapses, alleged sabotage by former employees, police arrests of key personnel, potential class-action lawsuits by aggrieved customers, and a pair of controlling shareholders who can’t see eye to eye with each other.
Not a week has gone by without Cordlife Group hogging the headlines ever since revelations of horrid lapses at its Singapore operations first surfaced last November.
With each passing week, the disenchantment among affected customers appears to have only gotten worse. Shareholders are no better off, having seen the stock tumble more than 70% over the last six months.
