Ford aide Seidman firm accused by SEC in audit failure
The SEC charged Seidman & Seidman with failing to adequately audit four corporate clients accused of fraud, including Equity Funding Corp. of Los Angeles which collapsed in 1973 after exposing millions in fake life insurance policies. The agency ordered a curbed practice, a cooling-off from new clients, and no mergers until December 15.
MENTIONED IN THIS ARTICLE
Washington
L. William Seidman
Equity Funding Corp
Los Angeles
Ankrupt
U.S. Securities and Exchange Commission
Seidman & Seidman
SEC
Commission
Equity
Canco Nc
Chicago
Omni-Ax
Health Systems of
Hawthorne
Calif
SaCom Corp
Sun Valley
Seldman
Ford
White House
Istiakesmian
John Carlson
Seidman
Agear
Berard Z. Lee
Cerico
Seilman
Ther
Wolfson, Weiner, Ratoff
Lapin
SEC Probe Faults Wolfson and Cenco Audit Practices
An SEC review flags four audits tied to Wolfson Weiss and Cenco. Three audits are questioned for Wolfson Weiner activities. The fourth, Cenco, is described as a classic management fraud scheme run by its officers.
MENTIONED IN THIS ARTICLE
Wolfson, Weiner
Wolfson
Weiner
Cenco
SEC
Omni-Rx accused of violating US securities laws
The SEC filed a civil complaint against Omni-Rx Health Systems Inc of Hawthorne and four officers alleging anti fraud and other securities violations from 1972 and 1973. It cites $670,000 diverted to three doctors, improper reports, and sham transactions to inflate stock value. The action seeks an injunction and disgorgement of ill gotten gains.
MENTIONED IN THIS ARTICLE
Omni-Rx Health Systems, Inc
Hawthorne
SEC
Dickstein, Mairkovile and Koch
Omni-Ax
Commission
Los Angeles
Gerald Boltz
Omnix
Farmers ‘and Merchants Bank
Long Beach
New York
Ralph Tanelli
Swine flu vaccine makers urged to speed up delivery
Washington reports a drastic reduction in swine flu vaccine ready by Oct 1 with about 20 million doses, only one fourth of the expected total. HEW asks drug companies to review delivery capabilities and accelerate production for earlier availability. By Nov 30 total doses projected at 113.3 million.
MENTIONED IN THIS ARTICLE
Washington
Ford
Health, Education and Welfare
David Mathews
Department
Eihies
Hew
Also Mentioned on This Page
Naacn
Omni-Rx
U.S
Asociated Press
The
Securities and Exchange. Commission
Wednesday
Agseni
Barry
Keene
D-Eureka
Health Department
Sacramento
Omni-x
Seidman & .Seidman
Omni- Rx
Edward Dickstein
Alvin Markovitz
Myron Koch
Imperial West Medical Group
Mery Newell
Omini-Rx
Atlantic Ave
Insuras
Congress
Newport la Habra
Laguna Hills
San Disgo
Mike
Mike's
Gitte
Buffums
Bullums
Santa Ana
Pomona
la Habra
Arcadia
Westminster
Glendale
Palos Verdes
Lakewood
Newport
San Diego
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