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InfoGroup exec paid $1 million to go away…

Monday, August 25th, 2008

Last week, InfoGroup (IUSA) announced that CEO Vinod Gupta was stepping down, but would remain a director of the company. As various news outlets reported the resignation was part of a settlement of a lawsuit filed by hedge fund Dolphin Limited and investment manager Cardinal Value.
The lawsuit had a long list of complaints over how [...]

What’s been going on at Pioneer?

Friday, August 22nd, 2008

Now that the SEC has embraced Twitter and issued new rules on the use of corporate web sites, you’d expect all sorts of companies to be jumping in with both feet. But that’s not exactly the case at Pionner Drilling (PDC).
Yesterday, after the market closed, the company filed this short 8K that was packed with [...]

The future of SEC filings…

Tuesday, August 19th, 2008

At 11 am, SEC Chair Chris Cox plans to announce some big changes and lay out a path for the implementation of XBRL, which today’s Washington Post is describing as “Financial Data on Steroids”. In addition to streaming the press conference here, Cox will be taking questions from ordinary folks via email. (UPDATE: See the [...]

Paris Hilton’s romp through SEC filings…

Monday, August 11th, 2008

Last week, we learned that Paris Hilton has a strong sense of irony. And on Friday, during a conference call following Sally Beauty’s third quarter earnings, we learned that Paris has some other hidden talents as well. Here’s what Sally President and CEO Gary Winterhalter had to say about Paris:
As you recall, in May we [...]

Being CEO at Vonage better than consulting…

Tuesday, August 5th, 2008

Last week, Vonage (VG) named Cingular marketing executive Marc Lefar as its new CEO. Lefar had left Cingular in April 2007, just before the company was renamed AT&T Wireless and had been doing consulting work for his own firm, Marketing Insights, which doesn’t appear to have been all that active, other than for a few [...]