• Sam Antar v. Patrick Byrne of Overstock.com

    The regular readers of this blog are familiar with the issues at Overstock.com. The company can’t turn a profit to save its life, but CEO Patrick Byrne blames that on short sellers. The fact is that the financial statements have […]

  • New York Post Story on Usana Cheating in China

    Roddy Boyd at the New York Post has picked up the story about Usana illegally recruiting new associates in China. Boyd explains China’s laws like this:

  • Mannatech Fires Auditors Grant Thornton

    Mannatech Inc. fired its auditors, Grant Thornton, after refusing to comply with GT’s demand that Sam Caster be removed from all duties. Caster is the founder of Mannatech and the current chairman of the board. He resigned as CEO two […]

  • Atlanta home builder Beazer restating results

    Beazer Homes USA has completed an internal investigation into accounting problems and will restate its financials from 1999 through 2007. The results of the investigation: Employees in the mortgage unit violated HUD rules on downpayment assistance since at least 2000. […]

  • Siemens Bribery Investigation Ends With a Fine

    The investigation into bribery allegations at Siemens AG ends with a fine and a charge for illegal profits. The company is paying the equivalent of $284 million in a case that prosecutors have referred to as Europe’s largest bribery investigation […]

  • Mark Cuban and Sharesleuth.com: Good or bad idea?

    Wired Magazine featured an article on Mark Cuban and his Sharesleuth.com website. In theory, it kind of sounds like a good idea. Mark and company think that the media has given up critically examining public companies. They think there are […]

  • Judd Bagley antics: Part 3

    ScipioAfricanus then brings us to the story of SlimVirgin. SlimVirgin is an administrator for Wikipedia. Judd Bagley has been known to sock puppet on Wikipedia with many screen names, and the administrators have disallowed these things. (They even went so […]

  • Catching up on Judd Bagley: Part 1

    I’ve been a bit remiss in my blogging about the train wreck that is called Overstock. com. The CEO, Patrick Byrne (known to many as “Wacky Patty”) and his Director of Communications, Judd Bagley regularly engage in questionable behavior in […]

  • Ladd McNamara Must Have Seen an Attorney

    Finally, Ladd McNamara is living in reality. For quite some time, this Usana supporter, high level distributor, and former member of the Usana Medical Advisory Board has been illegally referring to himself as a doctor and an M.D. Illegally? Well […]

  • An Excellent Analysis of the Demise of Usana

    An article today on SanDiegoReader.com does an excellent job of highlighting what’s been happening with the Usana case. As if I’d ever let you forget, I will remind you that Usana Health Sciences is being investigated by the Securities and […]