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Firm That Vetted Snowden Files for Chapter 11

Submitted by Anonymous (not verified) on

Altegrity Inc., owner of the company that carried out background checks on former NSA contractor Edward Snowden and Navy Yard shooter Aaron Alexis, filed for chapter 11 protection yesterday as it implements a restructuring deal with its lenders, Reuters reported today. Altegrity, which owns USIS Investigations Services, listed assets and liabilities of more than $1 billion, according to court documents. The company said that some of its lenders, including funds managed by Third Avenue Management, Litespeed Management LLC and Mudrick Capital Management LP, have committed to provide $90 million in debtor-in-possession financing.