Remember the good old days before we taxpayers found ourselves bailing out the likes of Bear Stearns, back when the most exciting story on the business page was stock option backdating? Sure, the backdating scandal was disturbing, revealing widespread sneakiness in the service of greed, and it caused a bunch of earnings restatements. But no [...]

Way back in 2005, we footnoted an upstart home restoration company who set Internet message boards ablaze as it flew higher and higher. Home Solutions of America (HSOA.PK) was one of the “it” stocks of 2005/2006, racing from $1.41/share in May 2005 to an all-time high of $14.14/share in May 2006 - a gain [...]

Sometimes I think Soap Opera Digest should cover public companies. Case in point: Integral Systems Inc. (ISYS). Integral had a good year, thanks in part to contracts with the Air Force, but it’s still playing out the later episodes of a long-running drama with several sordid plot lines.
Integral’s 10-K (filed last week) reports that in [...]

It’s been awhile since we last checked in on UT Starcom (UTSI), but when we saw the 10-K that the company filed earlier this week (as well as a Q), we saw that the stock has declined nearly 90% since we last footnoted the company. In addition to the filings, the company also announced on [...]

Earlier this year, Blackberry-maker Research in Motion (RIMM) was looking wan. In April the SEC ratcheted its investigation of the firm’s past stock option grant practices up to formal status. Federal prosecutors and Canadian regulators started poking around too, and the options mess led to restated financials and a suit by a Canadian pension fund. [...]