

“But I know on this club, in these walls, we believe in each other and know we can do this together. On Sunday, Vazquez played what was ultimately his final home game at Fenway Park and as a member of the Red Sox in a 7-2 win over the Brewers, in which he hit an RBI double.Īfterward, he expressed his hope to stay with the only franchise he’s ever known, but he wasn’t certain if Bloom believed in a group that entered Monday 3 1/2 games out of the third AL Wild Card spot. “He was a credit to this organization, credit to the people who signed and developed him and someone I hope will always think of the Red Sox as home, so by no means an easy decision, but something that we thought with where we sit, looking at the whole picture, it’s something that we needed to do for the sake of the organization.” That’s something that we don’t take lightly.

Even sitting here in Boston right now just because it’s easier to operate out of here and won’t be able to be there until after the deadline, I know it hurts. “This is one that I know hurts in the clubhouse,” Bloom said. He was the longest tenured member of the Red Sox, having been drafted out of Puerto Rico in 2008, and one of the most beloved players in the clubhouse, a 2018 champion who became a core leader.
#Bloom deals free
Vazquez, who becomes a free agent after this season, has been at the center of trade rumors over the last week as the Red Sox continued their slide out of the Wild Card picture. “It’s a business,” the catcher said before a Red Sox PR official ushered him away, seemingly to join his new team on the other side of the field. When he found out he had been dealt, he looked to be in a state of shock as he said goodbyes to longtime teammates before walking off the field, where he was met by a throng of reporters.
#Bloom deals series
Moreover, I’ve heard from multiple sources that Bloom was utterly unable to raise a $150 million funding round that it was seeking over the summer at $25.76 per share (via AE, of course).As the Red Sox were getting ready for their series against the Astros on Monday, something of a surreal scene unfolded at Minute Maid Park as they took batting practice, with Vazquez taking swings in a Boston uniform, unknowingly, for the final time. According to SharesPost, the most recent contract came in at just $18.25 per share. My problem here is that AE is highly unlikely to find buyers for Bloom stock at $18.52 per share. So where is the settlement insufficient? This one final requirement: AE must “Use its best efforts to locate purchasers for any of its customers who purchased the securities… in 2009 and who wish to sell their securities at a price equivalent to their original purchase price.”

None of the three were required to admitting or denying the SEC’s charges. Daubenspeck agreed to pay a $50,000 penalty and a one-year supervisory suspension. Badger – who resigned from AE last month – will pay a $100,000 penalty and be barred for one year from associating with any securities firm. Under terms of the cease and desist agreement, AE will: (1) Pay a $1 million penalty, (2) Agree to be censured and (3) Hire an independent consultant to review its sales policies and procedures. And the SEC has gotten a settlement but, from my perspective, one that falls a bit short of the appropriate mark. Bloom, however, declined to accept the money and AE investors were made whole. The SEC says that Badger also led a deception effort the following year, when AE raised another $47 million for Bloom at the $1.45 billion valuation (including the inflated DoE loan information). Badger also gave the faulty info directly to investors in AE-sponsored pooled investment vehicles focused on the cleantech space. According to the SEC, Badger told AE brokers in 2009 that “the energy company had more than $2 billion of order backlogs when the backlog never exceeded $42 million.” He also allegedly told them that Bloom “had a $1 billion order from a national grocery store chain even though the store only had placed a $2 million order and signed a non-binding letter of intent for future purchases,” and that it had been granted a $250 million DoE loan when it only had applied for a $96.8 million loan.ĭaubenspeck allegedly did not correct Badger during the call, following which AE brokers disseminated the false data to prospective investors.
