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Not quite a year ago, Tyson (TSN) was touting its “100% Antibiotic Free” chicken, with CEO Richard Bond describing it as a “game changer”. Sales were strong, with the company noting in this 8K filed last September that there was “growing consumer interest in all natural foods”. The higher margins on the chicken also helped. [...]
A short time ago, the SEC filed civil fraud charges against 8 former AOL executives, including two former CFOs. The 8 are charged with overstating AOL’s ad revenues by over $1 billion, which given the time frame this was supposedly happening — from 2000 to 2002 — seems like quite a feat. Here’s a snippet [...]
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