Category Archives: General

Luxury Company Roberto Cavalli Closes Its U.S. Stores

Struggling Italian fashion house Roberto Cavalli has stopped all North American operations. Headquartered in Florence, the company has lost most of its fan base in recent years, therefore struggling to make sales and maintain its competitive profile. A spokesman has … Continue reading

Posted in General | Leave a comment

New York Church Members Plead Guilty to Conspiracy to Defraud the United States

Jermaine Grant and Lincoln Harrington pled guilty to one count of conspiracy to defraud the United States. The two were high-ranking officials of the Israelite Church of God and in Jesus Christ. They took nearly $3 million of the churches … Continue reading

Posted in General | Leave a comment

Tax Guide for Retirement Savings

Anyone with a traditional Individual Retirement Arrangement (IRA) may be eligible for a tax credit or deduction on their 2018 tax return if they make contributions by April 15th, 2019. An IRA is designed to enable employees and the self-employed … Continue reading

Posted in General | Leave a comment

St. Louis Attorney Accused of Sexually Assaulting a Client

Joseph Neill has been charged with sexually abusing a female client twice by placing her hand on his crotch over his pants. The attorney has been charged with second degree sexual assault which is a Class A misdemeanor. If you … Continue reading

Posted in General | Leave a comment

Goldman Sachs Fined $45 Million for Reporting Failures

The United Kingdom’s market watchdog has fined Goldman Sachs International £34.3 million pounds (45 million US) for failing accurate reporting of transactions for over a decade. The company resolved the case quickly in order to avoid a higher fine of … Continue reading

Posted in General | Leave a comment

OxyCotin Maker Considers Bankruptcy

Purdue Pharma has been making billions by selling the prescription painkiller OxyCotin. The company is considering bankruptcy as one of its legal options as the first court date of hundreds approaches. The lawsuits are aimed at holding the company and … Continue reading

Posted in General | Leave a comment

Charlotte Russe Starts Liquidation

Retailer Charlotte Russe will close all of its stores and begin the liquidation process. Going out of business sales started March 7th and will run to around April 30th in store only. This announcement follows a chapter 11 bankruptcy filing … Continue reading

Posted in General | Leave a comment

FDA Confirms Asbestos in Claire’s Products

The FDA made a statement that they found asbestos in cosmetics sold by the retailer, Claire’s. They warned customers not to use the products. Claire’s filed chapter 11 bankruptcy last March and came out eliminating $1.9 billion in debt. If … Continue reading

Posted in General | Leave a comment

Jefferey Skilling Released After 12 Years in Jail

The former CEO of Enron was released from prison after 12 years. In 2006 he was charged with 12 counts of securities fraud, 5 counts of making false statements to auditors, 1 count of insider trading and 1 count of … Continue reading

Posted in General | Leave a comment

Marijuana Business Owner Pleads Guilty to $3 Million in Unpaid Taxes

Andrew C. Poarch and his wife failed to pay the IRS about $3.1 million in taxes for the 2014, 2015 and 2016 tax years. The couple operated a club called the Lazy Lion in Colorado for 3 years selling marijuana … Continue reading

Posted in General | Leave a comment