Urban One, the multimedia company superserving African American consumers, on Tuesday submitted its 10-K filing with the Securities and Exchange Commission, a required task for publicly traded companies that discloses in full its 2021 financial health and any risks to shareholders that investors should be aware of.
In this latest 10-K filing is an intriguing risk statement regarding shareholder interests versus those of the President/CEO, Alfred Liggins III, and his mom, founder Cathy Hughes.