1. Samsonite CEO Ramesh Tainwala Steps Down After Short-Seller Attack

    Samsonite CEO Ramesh Tainwala Steps Down After Short-Seller Attack

    The company's shares plummeted last week and were later suspended after ... of “questionable accounting practises” and poor corporate governance...

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    1. The board thanks Ramesh for his dedication and many contributions to the success of Samsonite over the years.
    2. We believe this shows that the board maintains a high level of integrity and is prepared to take the proper action to limit any further impact.
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