May 07, 2019 Hoopgate II Jury: Can a School be Defrauded if It is Willfully Ignorant
The jury deliberating in the case against Christian Dawkins and Merl Code asked the court if a college can be defrauded if it is “willfully ignorant” of what was going on all around it.
He joined REI in 2012 as the chief financial officer, then rose to chief operating officer in 2014. Crocs Bottom Line Surges in Q1
Net income nearly doubled to $24,710,000 from $12,523,000 in the first quarter as revenues increased 5% to $295,949,000 from $283,148,000, including a 5% gain at wholesale, +8.7% retail comps, and 17% higher e-commerce sales, but missing $6 million in retail sales from store closings. Delta Apparel Net Falls on Lower Margins
Net income decreased 77% percent to $825,000 from $3,632,000 in DLA’s fiscal second quarter ended Mar. 30, on revenues that increased 3% to $102,838,000 from $100,004,000. Elan Acquisition by Finnish PE Firm Closes
The Slovenian winter sports company will form the core of the KJK Capital’s plan for a year round sporting goods business, and will be combined with earlier acquisitions Tahe Outdoors, and Estonian watersports company, and Bulgarian bike maker Leader 96.
The Chinese footwear maker is selling its Texas Clothing Holding Corp. subsidiary to Randa Accessories for $230 million plus a $16 million earnout tied to future sales of Haggar branded products through 2023. Yeti Files for Secondary Offering
Yeti insiders, including majority shareholder Cortec, members of the founding Seiders family, and various executives and board members, are selling an aggregate 9.5 million shares plus up to an additional 1.425 million shares at a public offering price of $28.50 according to an S-3 filed by the company.
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