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The company's finance directors concealed large debts. MG Rover Group: United Kingdom: 15 April 2005: Automobiles: After diminishing demand, and getting a £6.5m loan from the UK government in April 2005, the company went into administration. After the loss of 30,000 jobs, Nanjing Automobile Group bought the company's assets. Bayou Hedge Fund Group
Kolady says CVS has made him the fall guy in a sexual harassment scandal to get out ... terminated due to acts of unethical business activity, including but not limited to fraud, misappropriation ...
Wells Fargo's sales culture and cross-selling strategy, and their impact on customers, were documented by the Wall Street Journal as early as 2011. [5] In 2013, a Los Angeles Times investigation revealed intense pressure on bank managers and individual bankers to produce sales against extremely aggressive and even mathematically impossible [7] quotas. [8]
A boycott was launched in the United States on July 4, 1977, against the Swiss-based multinational food and drink processing corporation Nestlé.The boycott expanded into Europe in the early 1980s and was prompted by concerns about Nestlé's aggressive marketing of infant formulas (i.e., substitutes for breast milk), particularly in underdeveloped countries.
Luigi Mangione believed killing UnitedHealthcare CEO Brian Thompson to be a "symbolic takedown" and "a direct challenge" to the healthcare company’s corruption and “power games,” according ...
Ozy Media founder Carlos Watson was sentenced on Monday to nearly 10 years in prison, after a jury found him guilty in July of lying to investors about the now-defunct startup's finances and sham ...
Theranos Inc. (/ ˈ θ ɛr. ə n. oʊ s /) was an American privately held corporation [5] that was touted as a breakthrough health technology company. Founded in 2003 by then 19-year-old Elizabeth Holmes, Theranos raised more than US$700 million from venture capitalists and private investors, resulting in a $9 billion valuation at its peak in 2013 and 2014.
Here's everything you need to know about SNC-Lavalin, it's checkered past past, and why the government allegedly went to extraordinary lengths to protect it from prosecution.