Monthly Archives: March 2019

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 →

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 →

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 →

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 →

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 →