May 9-Randall Leaman, Paramount Management Group’s chief executive officer, texted the company’s owner, Daryl Heller, on Nov. 21, 2024, with bad news: a Lancaster County judge had ordered Paramount to relinquish the company’s ATMs and pay investors $138 million to cover missed monthly payments since April.
But Heller apparently shrugged off the impact. A deal was still in the works, Heller texted Leaman, and a planned $455 million total buyout of all the investors would still proceed once another legal case was settled.
“They know they can’t take over ATMs (assignments of locations agreements, etc) and will take our payment as soon as Superior is settled,” Heller texted Leaman just before 2 p.m. on Nov. 21. “We have another strategy call with them at 4 p.m. and I am on with them now.”…