The SEC's complaint, filed in the U.S. District Court for the Western District of Tennessee, alleges that Lloyd Schuman, of Cordova, Tennessee, learned that his employer, Verso Corporation, had confidential plans to acquire privately-held NewPage Holdings Inc.
Having spent the last forty years in pulp and paper, I’ll be the first to tell you the pulp and paper industry has been a surprise a minute. The most recent surprise has been the announcement that Verso is planning to acquire NewPage and what that has done to the PM40...
