• $54 million lawsuit over a pair of pants is decided

    The case of the pants lost by the drycleaners and the ensuing $54 million lawsuit has been decided. District of Columbia Superior Court Judge Judith Bartnoff ruled that Custom Cleaners did not violate the Consumer Protection Act with its “Satisfaction […]

  • Two-year-old admitted to Mensa

    Wow! A two-year-old with an IQ of 152 is being admitted to Mensa in Britain. Her recent IQ test results indicate she’s at the level of a five or six-year-old. Mensa is the “High IQ Society,” or the international society […]

  • Survey Considers Downside of Time-Based Billing

    A recent survey completed by William G. Ross, professor at the Cumberland School of Law at Samford University, is ruffling some feathers. Ross has a special interest in billing ethics, and has done two previous surveys of this sort. In […]

  • Federal Law Enforcement Training Center (FLETC)

    Did you know that I’m a graduate of the Criminal Investigator Training Program (CIT) at the Federal Law Enforcement Training Center (FLETC) in Glynco, Georgia? This site gets lots of hits from people searching for information on FLETC, so I […]

  • When is a public company required to file a Form 8-K?

    Several people have questioned whether Usana Health Sciences must file a Form 8-K with the SEC to notify them of the recent distributor class action suit. It seems to be the common belief that the lawsuit is a “material event” […]

  • Interesting question posed to Patrick Byrne of Overstock.com

    Sam Antar has uncovered some interesting information. I would love for Patrick Byrne, Overstock CEO to respond to Sam’s questions about this (and now the questions are mine too!). Patrick is involved with an organization called National Coalition Against Naked […]

  • Herb Greenberg on Crazy Eddie Antar

    Herb Greenbergs thinks the former CEO of Comverse Technology, Jacob “Kobi” Alexander can learn a thing or two from Eddie Antar. Alexandar fled the United States with his family, going to Namibia, allegedly with over $57 million transferred out of […]

  • The effect of Sarbanes-Oxley on boards of directors

    Earlier this year, a paper was released called “The Effects and Unintended Consequences of the Sarbanes-Oxley Act, and its Era, on the Supply and Demand for Directors.” Clearly there is a one significant cost of SOX noted here – an […]

  • Canaccord Adams negative report on Usana

    USANA Health Sciences | Scott Van Winkle, CFA, 1.617.371.3759 USNA : NASDAQ : US$43.16 | US$814.9M | Buy , Target US$55.00 Negative news continues Event A former distributor in California has filed a lawsuit accusing USANA of fraud and deception. […]

  • PCAOB Slaps Deloitte on the Hand, Sort Of

    According to CFO.com, the most recent evaluation of Deloitte & Touche by the Public Company Accounting Oversight Board has them coming up a bit short. The PCAOB report said that four times in 2005, Deoitte failed to do enough work […]