bill austin judge perjury allegation

Untruthful on the Stand? Some of Austin’s Testimony Struck from Record in Starkey Trial

MINNEAPOLIS, MINNESOTA — The $20 million embezzlement trial involving former Starkey executives took yet another twist this week when U.S. District Court Judge John Tunheim ruled Tuesday that Starkey Laboratories owner Bill Austin perjured himself at least once in his testimony earlier in the trial. The testimony in question, regarding the perjury allegations against Austin,…

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bill austin testifies starkey trial

Starkey Owner Takes the Stand

MINNEAPOLIS, MINNESOTA — The trial of former Starkey president Jerry Ruzicka and three others accused of stealing more than $20 million from Starkey through the illegal transfer of restricted stock resumed during the week of February 5th after a one week Super Bowl break. The resumption of the trial was highlighted by the testimony of…

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starkey hearing aid trial

Former Starkey Executives on Trial: Update

MINNEAPOLIS, MINNESOTA — The trial continues for former executives of Starkey Hearing Technologies on charges of fraud and embezzlement. As HHTM readers will recall, Starkey’s longtime former president Jerry Ruzicka, chief financial officer Scott Nelson and vice president of human resources Larry Miller, were all fired in September 2015 by Starkey’s founder and CEO, Bill…

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bill austin ambassador ear health

Bill Austin Named As the First Goodwill Global Ambassador for Ear and Hearing Health

NEW YORK — Starkey Hearing Technologies CEO Bill Austin, was named as the Goodwill Global Ambassador for Ear and Hearing Health by the International Federation for Peace & Sustainable Development (IFPSD) last week during an event at the United Nations (UN) headquarters in New York. The IFPSD is a non-profit organization that promotes and supports…

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starkey cto appointed

Former Intel Executive Appointed as New Starkey CTO and EVP of Engineering

EDEN PRAIRIE, MINNESOTA — Starkey Hearing Technologies announced the appointment this week of Achin Bhowmik, PhD, as its new Chief Technology Officer (CTO) and Executive Vice President of Engineering. In this new role, Dr. Bhowmik will be responsible for leading Starkey’s research and engineering efforts. Dr. Bhowmik is a well known authority in technology, with years…

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sawalich starkey president

Brandon Sawalich Named Starkey’s New President

EDEN PRAIRIE, MINNESOTA — In a company announcement yesterday, Starkey Hearing Technologies reported that Bill Austin will be stepping down from his role as President and will be succeeded by his stepson, Brandon Sawalich. Austin is said to retain his title as CEO and will continue to be involved in driving the company’s “strategic direction…

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UPDATE: Reports Surface of an Audigy Sale to Starkey

UPDATE 5/15/16: Confirming months of rumors and speculation that Audigy was potentially courting bidders, GN ReSound announced in press release on May 15th that it has signed a long-term supply agreement with Audigy Group, which includes a contingent agreement to acquire the company, in a deal worth up to $151 million.   Rumors continue to swirl about…

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Former Starkey President, Jerry Ruzicka, Files Suit; Seeks Millions in Damages

EDEN PRAIRE, MINNESOTA — Starkey Laboratories’ ousted president, Jerry Ruzicka, on Friday filed a long-threatened lawsuit against the company, alleging several instances of wrongdoing by owner Bill Austin and members of his family. In a story first reported on the Minneapolis Star Tribune’s website on January 15, former Starkey executive Jerry Ruzicka, filed a lawsuit…

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Starkey Foundation Target of Whistleblower Suit

EDEN PRAIRIE, MINNESOTA — In a story first reported by Law 360, a former employee of the Starkey Hearing Foundation, Maria Vanessa Boys Smith, sued the company in California state court on December 18, claiming that she was fired after reporting the foundation inflated the number of devices it donated.{{1}}[[1]]The case is Maria Vanessa Boys Smith…

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starkey sale

Starkey May Be Preparing for Auction Block: Local Report

A November 21st Minneapolis Star Tribune report indicated that Starkey Hearing Technologies may be a target for acquisition. According to the report, mass executive firings and subsequent turmoil have raised eyebrows within the industry and left Starkey Hearing Technologies in a vulnerable position. The speculation of a sale was first reported by Wayne Staab at HHTM…

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