UPDATE: On February 17, 2010, Medifast Inc. filed suit in US District Court, Southern District of California, alleging defamation, violation of California Corporations Code, and unfair business practices. On March 29, 2011, Judge Janis Sammartino dismissed all of Medifast’s claims […]
Almost three years ago, Barry Minkow and Fraud Discovery Institute released a report on Usana Health Sciences (NSDAQ:USNA), listing ten red flags of fraud he and his team (which included me) uncovered about the company. The report criticized the company’s […]
Press release issued by Fraud Discovery Institute. FDI demonstrates that InterOil (NYSE:IOC) selectively excludes certain issued press releases from regulatory filing Susuve Laumaea, Senior Manager for Media Relations at InterOil (NYSE:IOC) in Papua New Guinea has issued at least two […]
UPDATE: On February 17, 2010, Medifast Inc. filed suit in US District Court, Southern District of California, alleging defamation, violation of California Corporations Code, and unfair business practices. On March 29, 2011, Judge Janis Sammartino dismissed all of Medifast’s claims […]
In an interesting twist in the case of the Barry Minkow (Fraud Discovery Institute) fraud investigation of Lennar Corporation (NYSE:LEN)… it appears that Lennar itself has debunked the company’s own lies. In a new report released today, FDI lays out […]
On Friday, Stuart Miller, the CEO of Lennar (NYSE:LEN) went on CNBC to respond to fraud allegations made by Barry Minkow and Fraud Discovery Institute. But did he really respond? Do you feel he is being transparent? Or is he […]
Early today, Barry Minkow and Fraud Discovery Institute released a report on Lennar Corporation (NYSE:LEN), highlighting what the authors believe to be ten red flags of fraud at the company. Lennar’s stock was hit hard by the news. It didn’t […]
Last week, Barry Minkow and Fraud Discovery Institute announced that James Peterson, the CEO of Microsemi Corp (NASDAQ:MSCC) had neither the bachelor’s degree nor the master’s degree he claimed in numerous SEC filings. That revelation was followed with more lies […]
Corporate Governance 101: You need ethical people running your company. And that means ethical in all regards. Microsemi Corp. (NASDAQ:MSCC) doesn’t think honest executives are necessary. On Wednesday, news stories broke about the fact that James J. Peterson, CEO of […]
From the Wall Street Journal: The University of California, Irvine, says a Broadcom Corp. [NASDAQ:BRCM] executive didn’t earn two academic degrees listed in his corporate biography.
