China Admits Importing Tainted Pet Food Ingredient
China Authorities Admitted Importing Tainted Pet Food. For the first time since the most recent China melamine scandal broke, authorities there are finally admitting that some ingredients used to make pet food did contain melamine, reports USA Today. The admission led to increased investigations into two Chinese companies and their … [Read more...]
Mercury Fillings Could be Dangerous, FDA Admits
Dental Mercury Fillings Cause Health Problems. Silver-colored metal dental fillings that contain mercury may cause health problems in pregnant women, children and fetuses, the Food and Drug Administration (FDA) said on Wednesday after settling a related lawsuit. As part of the settlement with several consumer advocacy groups, the … [Read more...]
Caltrain Admits It Knew About Fatal Crossing
Caltrain Could Have Fixed The Fatal Crossing Problem. Caltrain officials knew about poor conditions at the San Mateo railroad crossing where 16-year-old Michael Bulnes Jr. was killed in October 2000 far enough in advance that they could have fixed the problem, attorneys said in court. Bulnes' father, also named Michael Bulnes, is … [Read more...]
HealthSouth Executive Admits to Falsifying Taxes
HealthSouth Executive Accounting Fraud. A former executive of the HealthSouth Corporation admitted yesterday that he falsified company tax returns, pleading guilty to participating in what prosecutors say was a $2.5 billion accounting fraud. Richard Botts, a former senior vice president in the company's tax department, … [Read more...]
Former Executive Admits To Rite Aid Charge
Rite Aid Massive Accounting Scandal. The former chief financial officer of Rite Aid, the third-largest pharmacy chain in the US, on Thursday pleaded guilty to a single felony count related to a massive accounting scandal that plagued the company. Franklyn Bergonzi was to face charges in a trial next week, alongside two other … [Read more...]
HealthSouth CFO Admits Fraud Charges
HealthSouth CFO False Financial Reports. William Owens, chief financial officer of HealthSouth, the embattled US healthcare group, pleaded guilty on Wednesday to wire and securities fraud and filing false financial reports with the Securities and Exchange Commission. Mr Owens, who was placed on administrative leave last week, is … [Read more...]
