Tag Archives: Bankrupt

HBS prof says 50% of US colleges will be bankrupt in 10 to 15 years

This fall, 19.9 million college students will be traveling to college campuses across the United States to start a new school year. There are over 4,000 colleges and universities in the United States, but Harvard Business School professor Clayton Christensen … Continue reading

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Bankrupt Medical Records Company Hit with $100,000 Penalty for HIPAA Violations

Filefax, Inc., a defunct Illinois medical records storage and management company, has been fined $100,000 for improperly handling medical data under an agreement with the court-appointed receiver managing the company’s assets on behalf of its creditors.  This settlement has implications … Continue reading

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OCR HIPAA Resolution Agreement Against Bankrupt Business Associate Signals Growing Exposures, Need for Tighter HIPAA Compliance By Health Plans & Business Associates

Health plans and insurers, their service providers that act as business associates within the meaning of the Health Insurance Portability & Accountability Act (HIPAA) and employer and other health plan sponsors, fiduciaries, and other management leaders should heed the warnings … Continue reading

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Bankrupt Solyndra Solar Panel Firm Gets Visit from the FBI

There are few things that can make your day more stressful than a line of black SUVs from the FBI. Solyndra, the gigantic failure of a solar-panel firm that recently filed bankruptcy, had enjoyed the status of a poster child … Continue reading

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Bankrupt mortgage company CEO pleads guilty to $1.5 billion fraud scheme

[JURIST] The US Department of Justice (DOJ) [official website] announced on Friday that the former CEO of mortgage company Taylor, Bean & Whitaker (TBW) [corporate website] pleaded guilty [press release] on charges of fraud related to the Troubled Asset Relief … Continue reading

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