http://www.sequenceinc.com/fraudfiles/2009/06/24/conflict-of-interest-for-medifast-auditors/ Thu, 18 Mar 2010 05:52:34 +0000 http://wordpress.org/?v=2.9.1 hourly 1 http://www.sequenceinc.com/fraudfiles/2009/06/24/conflict-of-interest-for-medifast-auditors/comment-page-1/#comment-185625 Fraud Discovery Institute ends investigation of Medifast Inc. : Sequence Inc. Fraud Files Blog Wed, 17 Feb 2010 14:41:19 +0000 http://www.sequenceinc.com/fraudfiles/?p=3971#comment-185625 [...] were questions about Medifast’s auditors,  but most notably, the company was criticized for the fact that its financial growth was due [...] [...] were questions about Medifast’s auditors,  but most notably, the company was criticized for the fact that its financial growth was due [...]

]]> http://www.sequenceinc.com/fraudfiles/2009/06/24/conflict-of-interest-for-medifast-auditors/comment-page-1/#comment-183979 Medifast Blog Sat, 05 Sep 2009 02:59:51 +0000 http://www.sequenceinc.com/fraudfiles/?p=3971#comment-183979 if it is a solid investment, if the company in question was some other company other than medifast and BJL would make the same recomendation, then i dont see any conflict of interest. but if it was other way around, then there is something to think about if it is a solid investment, if the company in question was some other company other than medifast and BJL would make the same recomendation, then i dont see any conflict of interest. but if it was other way around, then there is something to think about

]]> http://www.sequenceinc.com/fraudfiles/2009/06/24/conflict-of-interest-for-medifast-auditors/comment-page-1/#comment-183290 Davis Freeberg Wed, 24 Jun 2009 17:47:00 +0000 http://www.sequenceinc.com/fraudfiles/?p=3971#comment-183290 If this is true, it's a pretty big deal. How are public shareholders supposed to have confidence in the numbers when the auditors have a financial incentive to make sure that things appear rosy. Was this conflict at least disclosed in their 10-K filings or is this something that they've been trying to keep quiet? If this is true, it’s a pretty big deal. How are public shareholders supposed to have confidence in the numbers when the auditors have a financial incentive to make sure that things appear rosy. Was this conflict at least disclosed in their 10-K filings or is this something that they’ve been trying to keep quiet?

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