Can We Talk? About Beltone Fraud?

“The biggest news item in this morning’s press release was that GN’s VP of Finance at its Beltone distribution network in the US– who wasn’t identified–has been accused of accounting fraud between 2012 and 2014 and dismissed.  The fraud was discovered at the end of June and the matter is under investigation.” (excerpted and paraphrased…

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Siemens in the Re-Making: Breaking News

Siemens’ plan to strip off Audiology was first reported by David Kirkwood as rumor in February and again as fact in May of this year.   Various types of stripping were dissected at Hearing Economics and by its many Commentators.  A few well-informed, anonymous sources offered their views.  It was all very exciting, as always, when…

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Costco and Phonak: Much Ado About Nothing?

Inquiring minds want to know about the imminent Phonak-Costco partnership. HHTM readership soared last week after David Kirkwood  reported corporate confirmation of the deal and Hearing Economics began sorting the deal’s rumors from reality. Elsewhere, web-based professional and social media rapidly filled with Audiologists’ tears of betrayal, stories of heartbreak, fear and growing outrage. Readers will want…

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Who Ya Gonna Serve: Shareholders or Stakeholders?

 If any investors believe that the SEC’s enforcement actions drove insider trading out of the markets, they are beyond mere legal help.{{1}}[[1]]http://www.professorbainbridge.com/professorbainbridgecom/2010/04/is-insider-trading-bad-if-so-why.html[[1]] Back in April, we reported on possible insider trading in the hearing aid industry and promised some educational discussion of fiduciary duty and the stakeholder paradox in a follow-up post{{2}}[[2]]https://hearinghealthmatters.org/hearingeconomics/2011/hearing-aid-insider-trading-big-time-or-bush-league/[[2]].  It’s not stuff…

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