That’s right. I have another question for Patrick. Now I’m sure the answer (if any) will come in the form of slicing and dicing, splitting hairs, fancy footwork, and a few other catch phrases. It’s apparent that Patrick can’t just […]
Patrick Byrne, CEO of Overstock.com, has been asked numerous times why he waited nearly a year to disclose a subpoena he received from the SEC. Overstock received a subpoena on May 9, 2006, and Byrne issued a press release about […]
Word is out that Patrick Byrne personally got a subpoena from the Securities and Exchange Commission (SEC) on May 17, 2006, and the company waited until the filing of its most recent 10-Q to disclose it. This seems a bit […]
Sam Antar has been going over the SEC filings done by Overstock.com, including the 10-Ks and 10-Qs. They are “the gift that keeps on giving,” apparently. Sam asks the following questions: The Overstock.com 10-q for the quarter ended 03/31/07 contained […]
In 2005, the Washington County board agreed to pay $4 million dollars to Cabela’s Inc., in exchange for Cabela’s building a store in Richfield. If you don’t know anything about Cabela’s… it’s the worlds largest direct marketer of outdoor gear. […]
Today the Securities and Exchange Commission filed a lawuit against Kan King Wong and his wife Charlotte Ka On Wong Leung, both of Hong Kong. The SEC lawsuit alleges that between April 13 and April 30, they bought 415,000 shares […]
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. […]
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 […]
