Navigation Links
Medifast, Inc. Complaints Against FDI Pending With the United States Department of Justice, the United States Securities and Exchange Commission, the Maryland Securities Commissioner
Date:1/14/2010

legations were made in mid- February 2009 and were immediately followed by significant short selling and short selling option puts that shaved more than $30 million from the market capitalization of Medifast. The company has demanded that this third party take down its website information containing false information or be subject to appropriate legal action.

Medifast, in a press release on February 17, 2009, responded to the false claims in United States Securities and Exchange Commission File #: 001-31573; Film #: 09617581. The Medifast Independent Committee appointed as chairman Mr. Barry B. Bondroff, CPA, an officer and director of the law firm Gorfine, Schiller & Gardyn, PA.  Members of the Committee include: Mr. George J. Lavin, Esq, founding partner of the law firm, Lavin, O'Neil, Ricci, Ceprone & Dispicio, who is an expert in Product Liability Law; Lt. Gen. Dennis M. McCarthy USMC (Ret.), Executive Director of the Reserve Officers Association of the United States and a licensed attorney; Capt. Joseph D. Calderone USNR (Ret.), chaplain and counselor of the Villanova University Law School; and Mr. Charles P. Connolly, former president and chief executive officer of First Union Corporation of Pennsylvania and Delaware. After an investigation of the facts and information developed to date the committee unanimously agreed that the allegations were false, misleading and or without merit.

Counsel forwarded three cease and desist demands by letter to Mr. Minkow, a convicted felon, and FDI, of which Minkow/FDI confirmed receiving two. After the initial attack in February, 2009,
'/>"/>

SOURCE Medifast, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4 5

Related medicine news :

1. Medifast, Inc. Named by Forbes as One of Americas 200 Best Small Companies
2. Medifast, Inc. to Announce Second Quarter Fiscal Year 2009 Financial Results on Thursday, July 30, 2009
3. Medifast, Inc. Added to the Russell 3000 Index
4. Medifast, Inc. to Expand Investment in Corporate Medifast Weight Control Centers
5. Medifast, Inc. to Announce First Quarter Fiscal Year 2009 Financial Results on Wednesday, April 29, 2009
6. Medifast, Inc. to Announce Fourth Quarter and Fiscal Year 2008 Financial Results on Thursday, March 12, 2009
7. Medifast, Inc. Announces Appointment of Two Additional Independent Board Members
8. Medifast, Inc. Responds to False Claims
9. Medifast, Inc. to Announce Third Quarter of Fiscal Year 2008 Financial Results on Thursday, November 6, 2008
10. Medifast, Inc. to Present at the Canaccord Adams Diabetes & Obesity Conference
11. Medifast, Inc. Names Barry B. Bondroff, CPA to Board of Directors
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/27/2015)... ... August 27, 2015 , ... StayWell, a leading provider of ... is ICD-10 ready and available to all clients. All Krames Patient Education content ... are more targeted and return a more comprehensive data set of content than ...
(Date:8/27/2015)... ... August 27, 2015 , ... Banc Intranets recently entered into a ... enable both Johnson City, Tenn.-based firms to work synergistically to promote similar products to ... that caters to organizations in the financial, commercial and services sectors. The software, which ...
(Date:8/27/2015)... ... August 27, 2015 , ... Susan Harris ... to relieve vaginal discomfort due to pre- and post-menopause, chemotherapy, and child birth. , ... laser, which delivers controlled energy to the vaginal tissue, revitalizing cells so they make ...
(Date:8/27/2015)... , ... August 27, 2015 , ... ... and development solutions for drugs, biologics and consumer health products, today announced that ... upcoming FlyPharma Conference, to be held at the Radisson Blu Edwardian Hotel, London ...
(Date:8/27/2015)... , ... August 27, 2015 , ... ... communities in and around Birmingham Alabama, is launching a joint charity drive with ... in the Birmingham area qualify for assistance programs, and many lack the simple ...
Breaking Medicine News(10 mins):Health News:StayWell announces all health content is ICD-10 ready 2Health News:StayWell announces all health content is ICD-10 ready 3Health News:Banc Intranets Forms Strategic Marketing Partnership with All Clear System 2Health News:Banc Intranets Forms Strategic Marketing Partnership with All Clear System 3Health News:Banc Intranets Forms Strategic Marketing Partnership with All Clear System 4Health News:LifeStream Health Centre & MedSpa Announces New Treatment for Vaginal Discomfort 2Health News:LifeStream Health Centre & MedSpa Announces New Treatment for Vaginal Discomfort 3Health News:Clinical Trial Supply Chain Logistics to be Discussed By Catalent Expert at Upcoming Flypharma Conference 2Health News:Standifer Insurance Group Initiates Charity Drive to Provide School Supplies for Underprivileged Meadow View Elementary Students 2Health News:Standifer Insurance Group Initiates Charity Drive to Provide School Supplies for Underprivileged Meadow View Elementary Students 3
... AHF,s First in Kenya, is US AIDS Group,s 39th ... New Kenyan Partnership Will, Provide Life- saving Anti-retroviral Therapy ... Kenya, where the National HIV/AIDS Prevalence ... Oct. 3 AIDS,Healthcare Foundation (AHF), has joined together ...
... Inc. ("Knopp"),announced that Cheryl Fossum Graham, M.D., F.C.P., ... regulatory and development strategy. (Logo: http://www.newscom.com/cgi-bin/prnh/20070924/KNOPPLOGO ... 28 years of experience in public and,commercial regulatory ... Administration and responsibility for global regulatory affairs at,Pfizer ...
... Acute Success Rate for Catheter Ablation Procedures Performed with ... European Society of Cardiology Congress, ST. LOUIS, Oct. ... by Xu Chen, M.D., of the,Rigshospitalet at the University ... patients treated for atrial fibrillation with the Niobe(R),magnetic navigation ...
... Calif., Oct. 3 /PRNewswire/ Awakening(R) Mineral Therapies for,Healthy ... care,products, is slinging mud in support of October ... and salons across California are invited to,participate in ... patented mud masque, Awakening SCALP(TM), helps to,stimulate follicle ...
... the opening of Eurospine conference in ... ... OFIX ) (the Company) today announced it has,acquired the rights to all ... is designed to alleviate the leg and back pain suffered by,individuals with ...
... Hamilton, ON (Oct. 1, 2007) Lower muscle mass and ... older. , While exercise is a proven way to ... by McMaster researcher Dr. Mark Tarnopolsky shows that taking a ... in addition to resistance exercise training provides even greater benefits. ...
Cached Medicine News:Health News:AHF and Kenya Medical Research Institute Partner to Save Lives at Free AIDS Treatment Clinic in Mombasa 2Health News:AHF and Kenya Medical Research Institute Partner to Save Lives at Free AIDS Treatment Clinic in Mombasa 3Health News:Cheryl Fossum Graham Joins Knopp Neurosciences as Head of Regulatory and Development Strategy 2Health News:Cheryl Fossum Graham Joins Knopp Neurosciences as Head of Regulatory and Development Strategy 3Health News:Stereotaxis Highlights New Data on Acute Success in AFib Treatments With Niobe Magnetic Navigation System 2Health News:Stereotaxis Highlights New Data on Acute Success in AFib Treatments With Niobe Magnetic Navigation System 3Health News:California Company Slings Mud for Breast Cancer Awareness 2Health News:Orthofix International Acquires InSWing(TM) Interspinous Process Spacer 2Health News:Orthofix International Acquires InSWing(TM) Interspinous Process Spacer 3
(Date:8/27/2015)... Ala. , Aug. 27, 2015 /PRNewswire/ ... Outpatient Pharmacy Provider (IOPP™) is expanding its ... of a medication-focused transition of care program ... named "RxCare Management," provides hospitals with technology ... hospital performance measures that have been mandated ...
(Date:8/27/2015)... , Aug. 27, 2015  A mere one ... Booz Allen Hamilton . A new white ... development inefficiencies are impeding and disrupting manufacturers, success. ... Waste and Improve Value In Product Development Processes ... inaccessible data and how it affects the product development ...
(Date:8/27/2015)... NorthStar Anesthesia , one of the country,s ... selected by Mercy, based in Toledo, Ohio ... hospitals:  Mercy St. Vincent  Medical Center and Mercy St. ... St. Charles  Hospital in Oregon and ... "As we looked to create a more ...
Breaking Medicine Technology:Rx Care Management by Proxsys Rx - Transition of Care Technology Helps Prevent Hospital Medication Errors 2New White Paper Reveals How Manufacturers Can Improve Product Development Processes 2Four Mercy Hospitals in Northwest Ohio Select NorthStar Anesthesia 2
... 13 Escalon Medical Corp. (Nasdaq: ... the fiscal year ended June 30, 2009, included in ... Securities and Exchange Commission on October 13, 2009, contain ... accounting firm. This announcement is being made in compliance ...
... BIOSAFE, Inc. , a company that manufactures and ... are launching in specific markets outside the United States ... Crosstex, new BIOSAFE-treated Ultra Sensitive facemasks begin to ... upon contact, and have further proven to be effective ...
Cached Medicine Technology:Escalon(R) Announces Going Concern Qualification 2BIOSAFE Launching In a New Specially-Treated Facemask Effective Against H1N1 Influenza 2BIOSAFE Launching In a New Specially-Treated Facemask Effective Against H1N1 Influenza 3BIOSAFE Launching In a New Specially-Treated Facemask Effective Against H1N1 Influenza 4
... Precision Dynamics Corporation offers a ... serving infants to adults. Armboard ... non-woven material assuring easy cleaning ... cross contamination. Choose from three ...
The Side Rail Socket fits all American-made tables with standard side rails. Fits accessories with flat mounting posts up to 1/4"W x 1"L. Attaches at rail ends or notches....
Stainless steel construction to withstand sterilization modalities (EtO, Steris®, and Sterrad®) Wide angle of view...
Stainless steel construction to withstand sterilization modalities (autoclave, EtO, Steris®, and Sterrad®) Fully autoclavable, with both distal and proximal ends uniquely soldered for longe...
Medicine Products: