• About the SEC “sprinkling holy water” on Overstock.com

    Last week in the Overstock.com (NASDAQ:OSTK) earnings conference call, the company’s executives had the following to say about the SEC’s investigation of the company: Patrick Byrne So, is it fair to say that all these other issues that the knuckleheads […]

  • SEC Drops Informal Investigation into Usana Health Sciences

    Last week the Securities and Exchange Commission (SEC) informed Usana Health Sciences (NASDAQ: USNA) that it was closing its informal investigation into the company and taking no further action at this time. The pro-MLM camp has trumpeted this as a […]

  • A Nice Warmup for the SEC on Herbalife

    News on Herbalife (NYSE:HLF): 5:25PM Herbalife in its 10Q discloses SEC has issued a formal investigation (HLF) 39.35 +0.65 : The co says “on September 20, 2007, the Company was orally advised by the Los Angeles Regional Office of the […]

  • 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 […]

  • Overstock.com and its phony earnings figures

    Today on the White Collar Fraud Blog, Sam Antar has the first part of a three part series on the inventory numbers at Overstock.com. It’s curious how Overstock’s inventory numbers always seem to create more questions than they answer. Sam […]