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SEC Charges Under Armour Inc. With Disclosure Failures - Vimarsana News

SEC Charges Under Armour Inc. With Disclosure Failures

SEC Charges Under Armour Inc. With Disclosure Failures Date 03/05/2021 The Securities and Exchange Commission today charged sports apparel manufacturer Under Armour Inc. with misleading investors as to the bases of its revenue growth and failing to disclose known uncertainties concerning its future revenue prospects. Under Armour has agreed to pay $9 million to settle the action. According to the SEC's order, by the second half of 2015, Under Armour's internal revenue and revenue growth forecasts for the third and fourth quarters of 2015 began to indicate shortfalls from analysts' reve...

'It's time': Medical marijuana activists in Idaho fight uphill battle for 2022 initiative - Vimarsana News

'It's time': Medical marijuana activists in Idaho fight uphill battle for 2022 initiative

'It's time': Medical marijuana activists in Idaho fight uphill battle for 2022 initiative Hayat Norimine, The Idaho Statesman Mar. 14—In April 1990, Jackee Winters and her 2-year-old daughter, Autumn, were driving in their new black Mitsubishi truck when they got hit by a car. Autumn died that day. Winters was in a coma for a few days and needed to relearn how to speak and walk. Doctors reconstructed her chest after the steering wheel damaged it and bruised her heart. Winters, who now lives in Idaho City, was eventually diagnosed with depression, and the accident left her wi...

Source: msn.com
Former controller of Lancaster County oil and gas company sentenced to three years for participating in $65 million bank fraud - Vimarsana News

Former controller of Lancaster County oil and gas company sentenced to three years for participating in $65 million bank fraud

Philadelphia — Judith Avilez of Elizabethtown, PA, was sentenced to three years in prison, five years of supervised release, and ordered to pay $15 million in restitution ­by Judge Jeffrey L. Schmehl for participating in a massive bank fraud scheme over many years. In September 2020, Avilez, the former controller of Worley & Obetz, pleaded guilty to her role in a scheme that defrauded Fulton Bank of over $65 million. Avilez admitted that from 2016 through May 2018, she helped Worley & Obetz's CEO, Jeffrey Lyons, defraud Fulton Bank by creating fraudulent financial statements that grossly i...

Source: irs.gov
Former Worley & Obetz controller sentenced to federal prison for role in massive bank fraud - Vimarsana News

Former Worley & Obetz controller sentenced to federal prison for role in massive bank fraud

Former Worley & Obetz controller sentenced to federal prison for role in massive bank fraud Updated Feb 04, 2021; The former controller for the Manheim-based Worley & Obetz energy firm has been sentenced to 3 years in federal prison for her role in a $65 million bank fraud mounted by company officials. Acting U.S. Attorney Jennifer Williams said Thursday that Judith Avilez, 60, of Elizabethtown, also was ordered to pay $15 million in restitution by U.S. Eastern District Judge Jeffrey L. Schmehl. Avilez pleaded guilty in September to charges that from 2016 through May 2018, she helped Worley ...

Idaho Survey Finds Majority Of State Wants The Vaccine, But 38% Say "No Thanks" - Vimarsana News

Idaho Survey Finds Majority Of State Wants The Vaccine, But 38% Say "No Thanks"

16:35 Each year for the past six years, Boise State University has conducted a survey asking Idahoans what matters to them, and how they want state resources to be used. This year's new survey dug into the topic that’s dominated our lives for the last 11 months: COVID-19. From questions about mask mandates to vaccines, the survey offers a glimpse of what folks in the Gem State think about the government’s response. And some of the answers may surprise you.   Jeffrey Lyons and Matthew May are the co-authors of the survey and they shared their interpretation of the data with