According to a SEC filing form 8K on February 15, 2011, the Company’s subsidiary, DJS Processing, LLC, informed affected employees of an immediate reduction in its total work force by 90 employees.
A few days after on February 18, 2011, the Florida SunSentinel broke news that David J. Stern is unloading his Hillsboro Beach Estate up for sale along with perhaps his mega yacht called ‘MisUnderstood”.
from the Sentinel:
What is reported to be Stern’s 130-foot yacht, Misunderstood, is listed for sale for $18 million at The Yacht & Brokerage Show on Miami Beach. The side-by-side properties on Hillsboro Beach are listed for a total of nearly $20 million. And a vacation chalet outside the ski-resort town of Vail, Colo., has been for sale for $6.9 million since last year.
Imagine standing in your front yard and watching as a car pulls up. A stranger gets out, walks up to you, verifies your identity, then serves you with foreclosure papers. Now imagine that you’ve never missed a mortgage payment in your life.