US Edition'I was shocked and ecstatic...' family reacts after bankruptcy ruling preserves millions in debt related to Lubbock-based Ferrum Capital - Lubbock Lights
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'I was shocked and ecstatic...' family reacts after bankruptcy ruling preserves millions in debt related to Lubbock-based Ferrum Capital - Lubbock Lights
Mike Cox, foreground, with court ruling, background. Leslie Workman doesn’t expect her dad – a veteran who served in the Army in Iraq and Afghanistan – to recover money from Ferrum Capital or related companies. But a judge ruled Friday that Ferrum Capital co-owner Mike Cox cannot erase $21.7 million in debt after he said Cox violated Texas law by selling unregistered securities. That ruling made a difference, said Workman. “I was shocked and …
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