▁past ▁employees , ▁provide ▁better ▁protection ▁for ▁employees ▁" who ▁would ▁be ▁reporting ▁to ▁some ▁of ▁the ▁same ▁man agers " ▁since ▁most ▁of ▁the ▁existing ▁senior ▁man agers ▁would ▁remain ▁in ▁place , ▁including ▁David ▁G lass er , ▁current ▁CO O ▁of ▁the ▁company , ▁and ▁ins u fficient ▁funds ▁to ▁compens ate ▁alleg ed ▁vict ims ▁that ▁would ▁file ▁su its . ▁The ▁invest ment ▁group ▁has ▁allocated ▁$ 5 0 ▁million ▁in ▁the ▁deal ▁for ▁compens ation , ▁which ▁is ▁in ▁addition ▁to ▁the ▁company ' s ▁ins urance ▁policies . ▁Other ▁non - dis closure ▁agre ements ▁were ▁in ▁effect ▁between ▁the ▁company ▁and ▁the ▁invest ment ▁group , ▁which ▁prevent ed ▁members ▁of ▁the ▁group ▁from ▁talking ▁the ▁Att orney ▁General ▁until ▁February ▁ 1 0 , ▁though ▁Bob ▁Wein stein ▁denied ▁this . ▁People ▁" close ▁to ▁the ▁sale " ▁der ided ▁the ▁timing ▁of ▁the ▁fil ing ▁" as ▁an ▁effort ▁to ▁score ▁political ▁points ▁and ▁grab ▁media ▁attention ", ▁and ▁could ▁lead ▁to ▁the ▁sale ▁falling ▁through , ▁forcing ▁the ▁company ▁into ▁bank rupt cy ▁and ▁delay ing ▁compens ation ▁for ▁vict ims . ▁The ▁invest ment ▁group ▁is ▁said ▁to ▁meet ▁with ▁the ▁Att orney ▁General ' s ▁office ▁within ▁a ▁few ▁days , ▁with ▁the ▁decision ▁whether ▁to ▁continue ▁or ▁abandon ▁the ▁bid ▁for ▁the ▁company ▁on ▁hold ▁until ▁then . ▁ ▁On ▁February ▁ 1 6 , ▁ 2 0 1 8 , ▁The ▁Wein stein ▁Company ▁fired ▁President ▁and ▁CO