Event Details

This legal document describes how an individual named Parse, while assisting Calphalon stockholders with their shares from the company's sale to Newell, introduced them to Paul Daugerdas, a partner at Altheimer & Gray. Daugerdas pitched a confidential tax shelter designed to eliminate their taxable gains, instructing them to misrepresent their investment intent if questioned. Parse witnessed this event, which is described as being inconsistent with good faith.