Corporate Criminals? Archives

Oct12
Increasing Healthcare Costs?
This can't be good news. Not really, anyway. A final, $445 million settlement between HealthSouth Corp. and investors was announced Wednesday to end class-action lawsuits stemming from a huge fraud at the health services company. Gee, I wonder who's going to...
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Sep23
Hedge Fund Loses Billions In Investor Money
There's only one thing that's worse than making a bad decision and having it bite you in the backside... Amaranth Advisors LLC, the Connecticut hedge fund that lost billions of dollars in natural gas trades in recent weeks, on Wednesday... Continue Reading
Sep11
"Drive-By Downloads"?
This just sucks every way possible. Great article by Herb Weisbaum. Imagine this. You get on your computer and log onto the Internet. Out of nowhere, a pop-up window appears, demanding that you pay for a service you don’t want... Continue Reading
Aug27
Corporate Buyouts And Insider Trading?
This just keeps getting better. Over the past year, the shares of 41 percent of companies that received buyout offers showed abnormal and suspicious trading activity ahead of those deals’ public announcements, The New York Times reported Sunday. I'm torn.... Continue Reading
Aug12
Healthcare Fraud
The fallout continues. The name will remain the same at HealthSouth Corp., but plenty else will change under a restructuring announced Monday as the medical services company continues its recovery from a $2.7 billion fraud. Unfortunately, greed by any other... Continue Reading
Aug 8
More Corporate...Misstatements?
As if we really needed more of this. Cablevision Systems Corp., a New York-area cable TV systems operator, said Tuesday it would delay filing its second-quarter earnings and restate prior results because of a review into the pricing and timing... Continue Reading
 


Business Liability And Lawsuits, Pt. 2
Business Liability And Lawsuits
Gouging Businesses

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