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Merry Christmas, CROWN!
Author Wall Street's Will
Date 99/12/21/20:50

Shareholders lodge complaint against Crown
A group of Crown Central Petroleum shareholders filed a formal complaint with the federal Securities and Exchange Commission alleging that the company failed to disclose in its reports that a major contractor may pull its business from Crown.

The contractor, Statoil, told Baltimore-based Crown that it would not renew its contract with the company unless a lockout of Crown workers in Texas is resolved.

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