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Optimum
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- 1Creditors sue Optimum and founder Patrick Drahi over alleged fraudulent transfers▼Creditors Sue Optimum, Founder Patrick Drahi Over Alleged Fraudulent Transfers https://www.wsj.com/pro/bankruptcy/credit
Creditors have filed a lawsuit against Optimum and its founder, French telecom billionaire Patrick Drahi, alleging fraudulent transfers, according to the Wall Street Journal. The suit, reported in the context of bankruptcy proceedings, accuses the company and Drahi of moving assets in a way that disadvantaged creditors, who are now seeking to claw back value through the courts.
- 2
Optimum Nutrition has launched a new line of multi-functional shakes, according to Food Business News. The products are designed to serve several nutritional purposes in one serving, expanding the brand's offering beyond traditional sports supplements. Details on ingredients, pricing and availability have not been widely reported yet.
- 3Optimum to launch 8 Gbps fiber in two New Jersey towns▼Optimum To Bring 8 Gbps Fiber to New Jersey’s East Brunswick and South River
Optimum announced plans to bring its 8 Gbps fiber internet service to East Brunswick and South River, New Jersey. The rollout would give residents in the two towns access to some of the fastest residential broadband speeds available in the US, as the cable operator continues expanding its fiber footprint amid competition from fiber rivals and upgrades by other providers.