On March 31, 2014 the Medium published an article entitled “Suspicion remains as CP bankruptcy closes”. We relied on statements by Alexander Leger, an inspector in the bankruptcy, which cast aspersions on Vikram Seth, Ashleigh Brown, and Free Media Inc. He has subsequently admitted that he was mistaken and that these statements were not true. Mr. Seth was not on the board of directors of Canadian University Press or of Campus Plus. Ms. Brown was not on the board of directors of Canadian University Press, and she resigned from the board of directors of Campus Plus on February 27, 2013. Their association with Free Media was proper and were not improperly making decisions which led to Campus Plus’s insolvency.
We regret repeating a quote attributed to Mr. May wherein he said that there was “a larger plan to bankrupt Campus Plus and set up a company for the benefit of Campus Plus directors and the shareholder while not paying obligations”. This cast false aspersions on Mr. Seth and Ms. Brown. We should have put it to Mr. Seth and Ms. Brown so that they could set the record straight.
The Medium regrets without reservation these mistakes and apologizes to Mr. Seth and Ms. Brown and Free Media.
