• Wisconsin Office of Laywer Regulation Public Reprimand With Consent

    SUPREME COURT OF WISCONSIN – OFFICE OF LAWYER REGULATION Public Reprimand With Consent 2007-OLR-10 Hazel J. Washington, Attorney at Law Attorney Hazel J. Washington (“Washington”), a Wisconsin bar member since 1988, practiced law in Milwaukee, Wisconsin. Washington’s law license was […]

  • The story of whistelblower David Welch

    David Welch was the CFO of Cardinal Bancshares, and the first person to file a claim for whistleblower protection under Sarbanes-Oxley Section 806. The Department of Labor ruled in his favor in regards to reinstatement to his job. But Cardinal […]

  • Whistleblowers under Sarbanes-Oxley

    A study of almost 1,000 whistleblower complaints filed under Sarbanes-Oxley has found that none has resulted in a “win” for the whistleblower. Section 806 of the Sarbanes-Oxley Act is meant to give protection to employees of public companies who report […]

  • Book Publishing: Putting together the proposal

    I had a winner of an idea for a book on fraud, and I had a willing publisher in John Wiley & Sons. I expected the next step of the process to be putting together a book proposal. My friend […]

  • It’s a Good Thing When the Auditors of a Public Company Quit!!!

    …or so Usana Health Sciences would have us believe. But don’t listen to them. No, no. Listen to a third party. An unbiased person who is quite knowledgeable about the reasons why auditors quit. Or not. It took me a […]

  • Sarbanes-Oxley and informants (and the Overstock.com and Patrick Byrne connection)

    Would it be any surprise if Patrick Byrne was in violation of more regulations applicable to public companies??? Recently, Sam Antar sent emails to the Overstock.com Board of Directors, two audit committee members and Patrick Byrne himself. The emails reported […]

  • Coenen Named 2007 Hubbard Award Winner by Association of Certified Fraud Examiners

    Fraud investigator Tracy Coenen has been named the 2007 recipient of the prestigious Hubbard Award, presented by the Association of Certified Fraud Examiners. The Hubbard Award honors the Association’s late Regent Emeritus Thomas Hubbard, Ph.D., CFE, professor emeritus and former […]

  • More on Usana’s auditor resignation

    From Usana’s 8-K: In connection with GT’s review of the Company’s unaudited financial statements that were included in the Company’s Quarterly Report on Form 10-Q for quarter ended March 31, 2007, the Audit Committee and GT disagreed as to the […]

  • Auditors resign from Usana Health Sciences

    Usana Health Sciences announced today that its auditors, Grant Thornton LLP, resigned the engagement. The press release said: During USANA’s fiscal years ended December 30, 2006 and December 31, 2005, and the interim periods since December 30, 2006, there were […]

  • New Post on Yahoo From the Usana Insider

    three sets of books and riley timmer posting john mackey from whole foods posts on message boards and so does riley timmer. he is one of us who has access to inside information on the company and he posts on […]