Tyco International Ltd. has agreed to pay almost $3 billion to settle shareholder lawsuits; this is the fourth larges securities class-action settlement. As part of the settlement, the shareholders also get the right to pursue accounting malpractice claims against Tyco […]
I just know that someday I will want to re-read this, so I figured why not cut and paste from the Overstock.com message board on Investor Village. You never know when a pertinent message will disappear forever. Why CEO Patrick […]
As I’ve already mentioned, Gary Weiss did a great piece about the weekend rantings of Overstock CEO Patrick Byrne. I finally got a chance to get back over there and read the comments, this one by Jeff Matthews is hilarious. […]
Gary Weiss has a great post detailing the weekend’s events with Patrick Byrne, CEO of Overstock. Gary’s comments include:
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 […]
