Gerry Broome/Associated Press “We believe these three individuals are innocent.” Those were the words that 3 Duke lacrosse players waited 395 days to hear. The three gentlemen, David Evans, Collin Finnerty, and Reade Seligmann, had all charges dropped by the […]
Charles Wang, founder and former chairman of Computer Associations International Inc. ( now CA Inc.) has been accused of fraudulent accounting practices. A special committee of the board of directors has recommended that CA file suit against Wang to recover […]
Last week, Milwaukee’s police chief wrote a seriously misguided editorial about the city’s crime problem. Chief Hegerty claims the police department is already doing many crime-fighting things being suggested by outsiders. But the truth is that she has done a […]
Law professor Larry Ribstein at Ideoblog seems to share many of my sentiments about Sarbanes-Oxley. I personally believe that it was feel-good legislation that was enacted too quickly, and therefore not nearly as good as it could have been. It […]
“You know the drill, guilty people always try to divert attention away from themselves.”
Well that makes two of us! In a recent article on CFO.com, retired Congressman Michael Oxley expresses his displeasure with the Sarbanes-Oxley legislation, and blames it on the Public Company Accounting Oversight Board (PCAOB). Section 404 of the Sarbanes-Oxley Act […]
You read that correctly. No typo. $11,000. Per hour. The full story is over at Law.com. Here’s how it goes. Florida litigator Willie Gary is requesting $93.1 million in fees and $100 million in sanctions for a trade secrets case […]
In a stunning release of previously undisclosed information, the ]Fraud Discovery Institute (FDI) released today documented evidence that the entire Usana Health Sciences, Inc. (Nasdaq:USNA) Medical Advisory Board secretly owns large independent Usana multi-level marketing distributorships. “The company presents their […]
Tim Montgomery, the Olympic sprinter who had his world record erased after the BALCO steroid scandal, pleaded guilty Monday to conspiracy to fraud. The $5 million bank fraud scheme involved depositing stolen, counterfeit, and altered checks into banks over three […]
NEW YORK, April 11, 2007 — Harwood Feffer LLP today announced that a class action suit has been commenced on behalf of all persons who purchased the common stock of USANA Health Services Inc. (Nasdaq:USNA) (“USANA” or the “Company”) between […]
