In 2010 Abound received a $400 million loan from the U.S. government and in 2012 the company laid off almost half its employees before suspending operations and moving towards a bankruptcy filing.
Abound received a $400 million loan from the U.S. government. This was in 2010. The company laid off almost half its employees before. This was in 2012. The company was suspending operations. This was in 2012. The company was moving towards a bankruptcy filing. This was in 2012.