So many schools are offering online college courses these days, it’s hard to know which ones are legit. Sloan Consortium reports that in 2005, 3.2 million college students too online courses. Naturally, students like online courses for the convenience and […]

Here’s why Usana’s explanation of the non-existent CPA licenses for two board members described in SEC filings as “Certified Public Accountants” does not wash: 1. The law in Utah is clear. They cannot refer to themselves as Certified Public Accountants […]

Does Usana Health Sciences really think anyone believes this? We weren’t really CPAs when we called ourselves CPAs but we think it’s okay because we weren’t practicing CPAs even though we called ourselves CPAs. The Company’s Annual Reports on Form […]

Zac Bissonnette at BloggingStocks points out this morning the apparent need for grammar lessons at Usana Health Sciences. Every time a credential of an executive or director at Usana is found to be inaccurately reported in SEC filings, there is […]

The Salt Lake City office of the Securities and Exchange Commission is investigating a stock sale by Myron Wentz, Chairman and Chief Executive Officer of Usana Health Sciences. On February 12, Wentz sold 85,000 SHARES OF Usana stock, curiously at […]

More of a short seller conspiracy? Or can we put that silly idea to rest now that the Associated Press is reporting on the Usana Health Sciences credential scandal? Paul Foy, AP Business Writer reports that “another” executive at Usana […]

Today the Wall Street Journal reported on Usana CFO Gil Fuller’s apparent lack of a CPA license, while reporting in SEC filings that he was a Certified Public Accountant. According to the article:

You be the judge. Here is the biographical information from Usana’s most recent 14A filed with the Securities and Exchange Commission on March 13, 207:

So when a public company is exposed for having a CFO who is not a Certified Public Accountant, even though all of their SEC filings say he is, what are they to do? I have a few suggestions: Pretend we […]

A few bloggers were talking this weekend about anti-semitism on the Yahoo message boards, specifically the board for Overstock.com. That discussion board is overrun with derogatory references to Jewish people. Just how pervasive is this problem? Prominent New York attorney […]