This is interesting information from an alleged employee of Usana Health Sciences. According to the employee, Usana has drawn down its $25 million loan and used the proceeds to buy back stock.

In 2005, I worked briefly on a case involving Andrew Bandy, a property manager for Mallory Properties. Mallory Properties is one of the businesses owned by Milwaukee’s “Guiffre Brothers.” The company purchases distressed properties, renovates them, and rents them out. […]

It has been suggested that discussing the inventory issues at Overstock.com is a waste of time. Surely there is more interesting stuff going on. like Sith Lords and such. So I’ll explain why it’s so important. Inventory is a financial […]

This was posted yesterday on the Yahoo message board for Usana Health Sciences. It has some details that I think could easily be proven or disproven. This is not the first I have heard of cancelled auto-ship and lower recruiting […]

Susicious trades of Dow Jones & Co. stock just prior to the announcement of News Corp.’s offer to purchase are under investigation by the New York attorney general and the Securities and Exchange Commission. Dow Jones received an unsolicited offer […]

Oklahoma City hand surgeon Houshand Seradge is being accused of Medicare and Medicaid fraud, and the federal government is going after $40 million from him, his family, and his associates. A civil suit against Seradge alleges 6,400 false claims filed […]

The Wall Street Jouranl reports that home buyers who signed contracts when the market was hot are now trying to get out of them.? The buyers are claiming that they were scammed into homes they couldn’t afford or that they […]

Richard Davis and Trademark Properties are finally back with their new television show “The Real Deal.” The company was previously on A&E with their show Flip This House, but litigation put a stop to the show. A&E hired some really […]

Reuters published an interesting article about lawsuits against short sellers… like when Overstock sued Gradient Analytics and Rocker Partners. “Short sellers” profit when a company’s stock price goes down. Negative information about companies tends to send the stock price down, […]

While surfing the ‘net for interesting reads on Overstock.com CEO Patrick Byrne, I came across a post by Jeff Matthews, whose blog is “Jeff Matthews Is Not Making This Up.” Jeff came up with the “Patrick Awards.” The awards are […]