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Koss Terminates V.P. of Finance and Warns That Financial Statements Are Unreliable Since at Least 2006
4 hours ago ago from Global News Articles
MILWAUKEE, WI ( Marketwire December 24, 2009) Koss Corporation ( NASDAQ : KOSS), the U.S. based high-fidelity stereophone leader, announced that following the discovery of unauthorized financial transactions, Sujata Sachdeva, the Company's Vice President of Finance and Secretary, has been terminated. Ms. Sachdeva served as the Company's Principal Accounting Officer. Also, two members of the Company's accounting staff who served ...
Related contentOfficer Shortage Hampers Regular Cadre
10 hours ago ago from Chindits
To strengthen the support cadre of the Indian Army, and to tackle shortage of officers, a proposal has been put up with the Ministry of Defence (MoD), to increase the intake of short service commission (SSC) officers into the army, by making the entry more lucrative. The AG Branch of the army has made the move to reverse the ratio of the regular cadres as against the support cadre officers. The regular cadre is formed by the permanent ...
Related contentQualcomm Shuffles Top Brass
2 hours ago ago from My Techbox
Wireless tech company Qualcomm has announced that Len Lauer, chief operating officer, has resigned from the company. And this organizational change has provided an opportunity to Qualcomm to re-align its business groups. | Other changes
Related contentFannie, Freddie CEOs May Receive $6 Million in Pay for 2009
17 hours ago ago from All About Work & Financial
Fannie Mae Chief Executive Officer Michael Williams and Freddie Mac CEO Charles Haldeman Jr. are each eligible for compensation of as much as $6 million in 2009, the companies said today in regulatory filings. Pay at the mortgage-finance companies that were seized by the government in September 2008 must be sufficiently high to “attract and retain” top talent, their regulator, the Federal Housing Finance Agency, said in a statement ...
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Qualcomm's Operating Chief Resigns
10 hours ago ago from Wall Street Journal
BY KATHY SHWIFF Qualcomm Inc. said Chief Operating Officer Len Lauer has resigned to take the chief executive position at another company, which it declined to identify. A spokeswoman for Qualcomm, which makes chips for cellphones, said the ...
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