Romney didn’t load up on Staples stock, devastating Allred’s case

Published October 25, 2012 4:00am ET



Republican presidential candidate Mitt Romney not only thought Bain Capital-backed Staples stock was a risky investment, he never exercised all of his options to buy it, according to new testimony that is devastating to Obama backer and celebrity attorney Gloria Allred’s bid to use a 1987 divorce and subsequent appeals to torpedo Romney’s campaign.

A source familiar with the case provided Secrets with testimony from the appeals case in which Romney revealed that he didn’t buy all the Staples stock he could because he didn’t see it as a sure thing.

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