Category Archives: News and Events

Describes new books, articles, and upcoming speeches.

Wilford Brimley: An Honest Man Who Could Steal a Scene

Wilford Brimley died at age 85. He was in “Cocoon” and other movies. He pitched oatmeal, and, let’s face it, if you are going to endorse a product, why not go with a staple? And he said of his acting … Continue reading →

Posted in News and Events | Leave a comment

On June 29, 2020, an Amended Class Action Complaint for violations of federal securities laws was filed against Mohawk and its CEO Jeff Lorberbaum in the Northern District of Georgia. The complaint alleges that the Company (1) engaged in fabricating revenues by attempting delivery to customers that were closed and recognizing these attempts as sales; (2) overproduced product to report higher operating margins and maintained significant inventory that was not salable; and (3) valued certain inventory improperly or improperly delivered inventory with knowledge that it was defective and customers would return it. “

There’s a line you don’t want to see in an 8-K filing with the SEC, especially when it is followed by another line about a subpoena from the SEC. Mohawk Industries stands accused of some new twists and turns in … Continue reading →

Posted in News and Events | Leave a comment

The Twitter Hack: The Hackers Manipulated a Small Number of Twitter Employees

Translation: Insiders helped the process along. The employees were targeted by the hackers who requested password resets. Whether done intentionally or through lack of training, the hackers found the weak link in employees. The vulnerability of companies, tech and otherwise, … Continue reading →

Posted in News and Events | Leave a comment

Those 26 Quarters of 20% Growth in Sales at Under Armour: The SEC Is Taking Enforcement Action

When it seems to be too good to be true, it is too good to be true. The phenomenal growth of Under Armour now has an explanation. To meet numbers, executives scrambled by forcing retailers to take more inventory than … Continue reading →

Posted in News and Events | Leave a comment

The Quid and the Pro and the Quo, Again — This Time in Canada

Canadian Prime Minister Justin Trudeau is dealing with a political scandal. It seems that the We Charity paid nearly $300,000 (Canadian) to the prime minister’s mother, brother, and wife in speaking fees (and another $187,000 in expenses (Canadian)). The WE … Continue reading →

Posted in News and Events | Leave a comment

Bob Baffert Suspended After Horses Test Positive for Lidocaine

Two Baffert-trained horses tested positive for lidocaine. One had won the Arkansas Derby on May 2 ($300,000 prize). The other had won the Acorn Stakes at Belmont by 19 lengths in record time. Baffert, a trainer’s trainer has trained two … Continue reading →

Posted in News and Events | Leave a comment

For the Four “Trust Me” Techies: Your E-Mails May Tell a Different Story

Steve Jobs’s e-mails played an integral role in the Apple/book-publisher antitrust suit. Mr. Jobs had passed away two years earlier, but those e-mails were the damning evidence for the government’s antitrust case. Jeff Bezos, Tim Cook, and Mark Zuckerberg all … Continue reading →

Posted in News and Events | Leave a comment

“Lucille Ball’s Granddaughter Is Stunning”

This was an AOL headline that pops up as one skulks through the click-bait to the real goal: e-mail. The headline itself was stunning because: 1. It was a positive statement about a famous person. 2. There was no ridicule … Continue reading →

Posted in News and Events | Leave a comment

“It is always the dry cleaning.”

Lisa Gilbert, Public Citizen (a Washington, D.C. advocacy group). Ms. Gilbert was referring to the ethical downfalls of so many public officials, a downfall that begins with high-ranking officials asking members of their security detail or staff to pick up … Continue reading →

Posted in News and Events | Leave a comment

When the Diabolical Find a Loophole

The Digital Millennium Copyright Act (DMCA) was well intentioned legislation designed to protect websites from copyright infringement claims when the site owners are not the ones doing the infringing. For example, colleges and universities have entire student bodies pirating copyrighted … Continue reading →

Posted in News and Events | Leave a comment

The Red Pill and Truth

Elon Musk is a visionary who makes a status car whilst running a company with a net worth greater than Ford and General Motors. He also has a child named X AE A-12. No word on pronunciation for that one. … Continue reading →

Posted in News and Events | Leave a comment

Ken Osmond and the “Eddie Haskell Effect” A Not-So-Stellar Hollywood Career But Stunning Validation

Ken Osmond, the actor-turned-police-officer who played Wally Cleaver’s best friend on the TV series, “Leave It to Beaver,” died at age 76. The series ran from 1957-1963. The character Mr. Osmond played, an obsequious, duplicitous snake, Eddie Haskell, was so … Continue reading →

Posted in News and Events | 2 Comments

In the Chutzpah Category — WeWork Founder Neumann Sues SoftBank

Adam Neumann, one of the co-founders of WeWork has filed suit against SoftBank because the bank backed out of a deal to pay up to $3 billion for shares in WeWork, $970 million of which would have gone to Mr. … Continue reading →

Posted in News and Events | Leave a comment

In the “This stuff wants out there”Category

The odds are astronomical, but Tara Reade’s allegations that former Senator, Vice President, and now presidential candidate (presumptive nominee) sexually assaulted her just got some street crew. Turns out that in 1993, when the events occurred (according to Ms. Reade), … Continue reading →

Posted in News and Events | Leave a comment