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Merck now under investigation by the securities and exchange commission (SEC) for possibly misleading investors Mike Adams, the Health Ranger See article keywords and concepts

REPPED: Merck, already under fire for its Vioxx scandal and now undergoing criminal investigation by the Justice Department, is now also being investigated by the securities and exchange commission (the SEC). The SEC is wondering whether Merck misled investors by failing to disclose facts concerning the harmful nature of its drug Vioxx, which was taken by 20 million Americans, and may now be partly responsible for the heart attacks or deaths of tens of thousands of people.

Financial Armageddon: Protecting Your Future from Four Impending Catastrophes Michael J. Panzner See book keywords and concepts

Agence France-Presse reported in September 2006 that the U.S. securities and exchange commission (SEC) was "investigating over 100 companies, including some of America's biggest corporations, for possible stock options fraud." Because these instruments are constructed virtually out of thin air, no money needs to change hands at the outset (as is the case with listed contracts) unless required under the terms of the agreement or by the nature of the marketplace in which they trade.

Other helpful resources include the Securities and Exchange Commission's Electronic Data Gathering, Analysis, and Retrieval system (EDGAR), accessible at www.sec.gov/edgar/searchedgar/webusers.htm. The Web sites of government watchdogs like the Federal Trade Commission, at http://ftc.gov, as well as various state attorneys general and consumer protection agencies, occasionally provide information about individuals, firms, and industries that have run afoul of the law. Also deserving a mention are consumer protection Web sites, such as http://consumeraction.gov, www.lookstoogood tobetrue.

The online access points of agencies that monitor investment banks, brokers, exchanges, and securities markets, including the securities and exchange commission, the Commodities Futures Trading Commission, and the National Association of Securities Dealers, at http://sec.gov, http://cftc.gov, and www.nasd.com, respectively, also have much to offer. In addition, state securities administrators keep separate tabs on such activities that take place in their own jurisdictions. A directory of links to individual state Web sites is at www.nasaa.org.

The Whistleblower: Confessions of a Healthcare Hitman Peter Rost See book keywords and concepts

On my way home that afternoon, my attorney called and told me that he had been contacted by the securities and exchange commission.3 They asked me to come to Washington for an inquiry into the Wyeth matter. I was overjoyed; if the government got involved, I had a much better chance of prevailing in my fight against Wyeth. I had never testified before any government body; however, I felt more than ready. The one thing that I couldn't figure out was how they had been able to get the name of my attorney.

In 2004 the securities and exchange commission (SEC) ordered Bristol-Myers Squibb to pay $ 150 million to settle charges that it inflated its revenue by $1.5 billion in 2000 and 2001. The penalty was one of the largest levied against a company accused of accounting fraud.26 The settlement concluded a two-year SEC investigation of the company, but the bad news for Bristol-Myers Squibb didn't stop there. A separate criminal investigation by the U.S.

Natural Health Solutions Mike Adams See book keywords and concepts

Recent Pharmaceutical Settlements Bristol-Meyers Squibb has agreed to pay $150 million to settle charges of accounting violations levied by the securities and exchange commission (SEC). The SEC says that the company conducted the cover-up by selling massive quantities of drugs to wholesalers and then improperly booking the revenue from $1.5 billion dollars from those sales. This is on the heels of a $300 million lawsuit filed by shareholders of Bristol-Meyers Squibb, which the company recently lost.

What's In Your Milk?: An Exposé of Industry and Government Cover-Up on the Dangers of the Genetically Engineered (rBGH) Milk You're Drinking Samuel S. Epstein, M.D. See book keywords and concepts

A Monsanto report to the securities and exchange commission (SEC) for the quarterly period ending November 30, 2005, says the company applied for FDA approval for finished dose formulation at its Augusta facility in the second quarter of 2005. Consuelo Madere, President of Monsanto Dairy Business, is hopeful approval will come sometime in 2006. So with FDA's final sign-off at the Austrian plant still pending, and the Augusta plant not yet licensed to take over full production—is there trouble in Monsantoland?

America Fooled: The Truth About Antidepressants, Antipsychotics and How We've Been Deceived Dr. Timothy Scott See book keywords and concepts

Assumption: "Surely the company must be sound since the government's securities and exchange commission (SEC) inspects the company's financial statements and requires regular quarterly reports that are made public for inspection by any consumer as well as the experts. If there were something wrong, we would all know it." (2) Assumption: "Enron is regularly audited by one of the nation's largest accounting firms (Arthur Anderson). They can't have their books audited every year and pass those reviews if there is something amiss.

Interview with Robert Leventry of Inca Organics on healthy, versatile quinoa Mike Adams, the Health Ranger See article keywords and concepts

People can look it up with the securities and exchange commission. We were Peace Corps volunteers in Ecuador from '93 to '96, and when we came back, we started the company. We worked with roughly 4,025 indigenous farm families in Central Ecuador that grow the product for us, and we have an export company in Ecuador that exports to Great Britain. It's up to possibly 150 to 160 tons annually. It's climbing rapidly. It's growing very rapidly. Britain is very health-conscious now that they've gone through mad cow and hoof and mouth. Frankly, they're flocking to quinoa as a protein source.

The Whistleblower: Confessions of a Healthcare Hitman Peter Rost See book keywords and concepts

In a filing in its first quarter financial report in 2004 with the securities and exchange commission, Merck revealed that the IRS had served the company with a "preliminary notice of deficiency."15 The IRS asserted that the partnership Merck created, in 1993, to finance its acquisition of Medco was created to be a tax shelter. Merck claimed that the partnership was necessary to finance the acquisition and was not created solely to avoid taxes. If the IRS prevails, Merck could owe $2.04 billion, excluding any penalties the IRS might impose.

Critical Condition: How Health Care in America Became Big Business Donald L. Barlett and James B. Steele See book keywords and concepts

Department of Health and Human Services; Congressional Research Service; the National Institutes 200 IN U ICS of Health (NIH); and the U.S. securities and exchange commission (SEC).

District Court, Northern District of Alabama, October 29, 2003; securities and exchange commission vs. HealthSouth Corporation and Richard M. Scrushy, U.S. District Court, Northern District of Alabama, CV-03-J-0615-S; United States of America vs. Emery Harris, U.S. District Court Northern District of Alabama, CR-03-J-157-S; and Federal News Service, hearing before U.S. House Subcommittee on Oversight and Investigations of the House Committee on Energy and Commerce, November 5, 2003. Lorello's attire and fondness for strip clubs were described in a New York Times profile of April 8, 2003.

The New Dictionary of Cultural Literacy: What Every American Needs to Know James Trefil, Joseph F. Kett, and E. D. Hirsch See book keywords and concepts

SEC See securities and exchange commission. securities Written evidence of ownership or credi-torship, such as bonds and stock certificates. Securities and Exchange Commission (SEC) A federal agency that supervises the exchange of securities so as to protect investors against malpractice such as insider trading. seller's market A market in which demand exceeds supply. As a result, consumers have to pay more for goods. (Compare buyer's market.) seniority Length of service on a job. Seniority may be considered in making decisions about wages, layoffs, and other working conditions.

The Truth About the Drug Companies: How They Deceive Us and What to Do About It Marcia Angell, M.D. See book keywords and concepts

According to securities and exchange commission (SEC) and shareholder reports for 2001, the biggest drug companies spent on average about 35 percent of their revenues on "marketing and administration" (called by slightly different names in different companies). That percentage was probably about the same for members of the Pharmaceutical Research and Manufacturers of America (PhRMA) generally, and it had not changed much over the past decade.8 It is the largest single item in big pharma's budget, larger than manufacturing costs and much larger than R & D. In 2002, for the top ten U.S.

Individual companies report total R&D expenditures in their securities and exchange commission (SEC) filings, and PhRMA's annual report gives industrywide averages for total R & D, as well as average figures for the breakdown of expenses by general R&D functions (where one of the biggest categories is "other"). But the companies do not make available the really important details, such as what each company spends, and for what purposes, on the development of each drug. They claim that that information is proprietary. As Representative Henry Waxman (D-Calif.

The Dictionary of Cultural Literacy E. D. Hirsch See book keywords and concepts

SEC See securities and exchange commission. securities Written evidence of ownership or credi-torship, such as bonds and stock certificates. Securities and Exchange Commission (SEC) A federal agency that supervises the exchange of securities so as to protect investors against malpractice such as insider trading. seller's market A market in which demand exceeds supply. As a result, consumers have to pay more for goods. (Compare buyer's market.) seniority Length of service on a job. Seniority may be considered in making decisions about wages, layoffs, and other working conditions.

The Truth About the Drug Companies: How They Deceive Us and What to Do About It Marcia Angell, M.D. See book keywords and concepts

These figures are drawn from the industry's own annual reports to the securities and exchange commission (SEC) and to stockholders, but what actually goes into these categories is not at all clear, because drug companies hold that information very close to their chests. It is likely, for instance, that R & D includes many activities most people would consider marketing, but no one can know for sure.

Emerging Viruses: AIDS And Ebola : Nature, Accident or Intentional? Leonard G. Horowitz, D.M.D., M.A., M.P.H. See book keywords and concepts

Within a few hours, I held several annual reports the corporation had filed with the securities and exchange commission.1416 The information included financial statements and moderately detailed corporate operations reports for the years 1976-1978, the period during which OTRAG was receiving the most media attention. I immediately learned that Litton Industries, Inc., a Delaware Corporation with its central office in Roy Ash's home town of Beverly Hills, California, was highly diversified.

The New Dictionary of Cultural Literacy: What Every American Needs to Know James Trefil, Joseph F. Kett, and E. D. Hirsch See book keywords and concepts

This activity is prohibited by law and is policed by the securities and exchange commission. fa In the middle 1980s, several revelations of insider trading rocked Wall Street. installment buying Purchasing a commodity over a period of time. The buyer gains the use of the commodity immediately and then pays for it in periodic payments called installments. institutional investor An organization such as a government, labor union, or business that makes investments, especially in stock and bond markets. fa Institutional investors account for a majority of investments made in the United States.

World Without Cancer G. Edward Griffin See book keywords and concepts

In 1938, the securities and exchange commission began a lengthy investigation of American I.G. Walter Teagle, a member of the board, was called to the witness stand. Mr. Teagle, as you recall, was also president of Rockefeller's Standard Oil. Under questioning, Mr. Teagle claimed that he did not know who owned control of the company he served as a director. He did not know how many shares were held by I.G. Chemie, or who owned I.G. Chemie.

Finally, in June of 1941, after three years of investigation, the securities and exchange commission gave up the cause. Either because it was baffled by the cartel's camouflage (unlikely) or because it yielded to pressure from the cartel's friends high in government (likely), it issued this final report to Congress: All attempts to ascertain the beneficial ownership of the controlling shares have been unsuccessful.... As a consequence, the American investors, mainly bondholders, are in the peculiar position of being creditors of a corporation under an unknown control.

The answer was provided in one short sentence in a report of the securities and exchange commission dated January 19,1943. It said: The Schroeder interests in London and New York have worked with Emanuel in acquiring and maintaining a dominant position in Standard affairs.3 The much publicized shuffling of GAF directors and officers was a charade. Men with demonstrated loyalty to the cartel's interests continued to dominate. As usual, the American people hadn't the slightest inkling of what was really happening. 1. Sasuly, I.G. Farben, op. ext., p. 186. 2. Mi, p. 187. 3. Ambruster, op.

20 Years of Censored News Carl Jensen See book keywords and concepts

Senate, a group of Catholic nuns, the securities and exchange commission, and concerned citizens, the WHO/UNICEF Code for Marketing Breastmilk Substitutes was drafted, redrafted, and finally adopted by the World Health Assembly in 1981. The final vote was 118 to 1. The United States cast the sole negative vote. Despite the U.N. Code, a comprehensive expose published by Mothering (12/22/95) revealed that even today, "Billboards and radio jingles encourage women to use formula in order to raise the healthiest baby.

The Dictionary of Cultural Literacy E. D. Hirsch See book keywords and concepts

This activity is prohibited by law and is policed by the securities and exchange commission. fa In the middle 1980s, several revelations of insider trading rocked Wall Street. installment buying Purchasing a commodity over a period of time. The buyer gains the use of the commodity immediately and then pays for it in periodic payments called installments. institutional investor An organization such as a government, labor union, or business that makes investments, especially in stock and bond markets. fa Institutional investors account for a majority of investments made in the United States.

Innocent Casualties : The FDA's War Against Humanity Elaine Feuer See book keywords and concepts

It is thus not surprising that in 1975, the General Accounting Office Study of FDA Officials reported that 150 FDA officials owned stocks in the companies they were supposed to be regulating, or that allegations of insider-trading of pharmaceutical stocks by FDA employees have been reported to the U.S. securities and exchange commission. DRUGS VERSUS NUTRIENTS Scientists and government regulators refuse to recognize the differences between drugs and nutrients: Drugs are foreign to the body, and the body begins to detoxify and eliminate them immediately after they are ingested.

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ABOUT THE CREATOR OF NATURALPEDIA: Mike Adams, the creator of this NaturalNews Naturalpedia, is the editor of NaturalNews.com, the internet's top natural health news site, creator of the Honest Food Guide (www.HonestFoodGuide.org), a free downloadable consumer food guide based on natural health principles, author of Grocery Warning, The 7 Laws of Nutrition, Natural Health Solutions, and many other books available at www.TruthPublishing.com, creator of the earth-friendly EcoLEDs company (www.EcoLEDs.com) that manufactures energy-efficient LED lighting products, founder of Arial Software (www.ArialSoftware.com), a permission e-mail technology company, creator of the CounterThink Cartoon series (www.NaturalNews.com/index-cartoons.html) and author of over 1,500 articles, interviews, special reports and reference guides available at www.NaturalNews.com. Adams' personal philosophy and health statistics are available at www.HealthRanger.org.