Last night, a poor, lost soul posted a comment on my post about the 20/20 expose on multi-level marketing company Mannatech. She’s posted her own lengthy analysis of the company at http://glycofamily.blogspot.com/2007/06/long-entry-about-mannatech-and-response.html. Sadly, she buys into all the hype and […]
Carolyn King, one of the 5th U.S. Circuit Court of Appeals judges who will rule on the case involving New Orleans homeowners and insurance companies, has promised a quick ruling. Although such rulings usually take months, Judge King has acknowledged […]
No, I can’t take credit for this bit of brilliance. It was Zac Bissonnette over at Blogging Stocks. All Zac. Poor Usana Health Sciences. They just can’t catch a break can they? What with Barry Minkow and Company ruining things […]
stock price is everything. unless i was in the company how would i know that today we wired to canaccord adams 4,225,635 for a purchase of 113,000 shares and yesterday we wired 996,988.10 for purchase of 25,400 shares. on may […]
the second quarter is bad and this is the way to prove it. over fifty percent of our income is the automatic shipping requiring credit cards all processed through paymentech. paymentech in the past credited to our jp morgan chase […]
SALT LAKE CITY–(BUSINESS WIRE)–USANA Health Sciences, Inc. (NASDAQ:USNA – News) announced today that, consistent with its long-term objectives, the Company has signed a letter of intent to sell certain assets and inventory associated with the third-party contract manufacturing business at […]
The Wall Street Journal is reporting that Ladd McNamara, a high level distributor for Usana Health Sciences Inc. has quit the company’s medical board following a report by Barry Minkow and the Fraud Discovery Institute that McNamara lied about his […]
A grand jury has indicted Democratic Representative William Jefferson of Louisiana on corruption charges. The 16-count indictment includes charges of racketeering, soliciting bribes, depriving citizens of honest services, Foreign Corrupt Practices Act, Racketeering Influence Corrupt Organization, and money laundering. In […]
Last week, the U.S. Atorney’s office unsealed an indictment of Ernst & Young tax partners. The indictment alleges that Robert Coplan, Martin Nissenbaum, Richard Shapiro, and Brian Vaughn created and marketed tax shelters which were fraudulent, for use by individuals […]
Stock Broker Fraud blog offers an interesting perspective on some recent SEC actions. The SEC is protecting Tenet Healthcare Corp. from shareholder lawsuits even though the company has committed fraud. Tenet is paying $10 million to settle allgations of failure […]
