Medifast Inc. posts record 2Q profit, sales
The Baltimore Business Journal (Free subscription) | 07/30/2009
The sour economy has not sapped diet company Medifast Inc.’s fat plans for growth. (MED)
The Baltimore Business Journal (Free subscription) | 07/30/2009
The sour economy has not sapped diet company Medifast Inc.’s fat plans for growth. (MED)
EmailWire.Com (Free subscription) | 07/01/2009
(EMAILWIRE.COM, July 01, 2009 ) DALLAS, Texas Beacon Equity Research announces the release of stock alerts covering movers in the news: International Business Machines Corp. (NYSE: IBM), Accenture (NYSE: ACN), Standard Microsystems (Nasdaq: SMSC), Medifast Inc. (NYSE: MED), Rentech Inc. (AMEX:...
Sequence Inc. FRAUDfiles Blog (Free subscription) | 06/24/2009
Last week Barry Minkow and Fraud Discovery Institute released a report regarding the independence of the auditors of Medifast Inc. (NYSE:MED). The company is audited by Bagell, Josephs, Levine & Company. The audit partner happens to also be a part of BJL Wealth Management, an investment firm with the same address as the audit firm. This [...]
The Baltimore Business Journal (Free subscription) | 06/12/2009
Medifast Inc. will open 10 new weight-loss centers in Texas and Florida after experiencing growth in those markets and elsewhere. (MED)
White Collar Fraud (Free subscription) | 06/10/2009
Convicted felon turned fraud fighter Barry Minkow, co-founder of Fraud Discovery Institute or FDI, issued a report citing potential independence and conflict of issue problems between Medifast Inc. (NYSE: MED) and their auditors, Bagell, Josephs, Levine & Company L.L.C. In addition, a recent Public Company Accounting Oversight Board (PCAOB) inspection report raises serious questions about the quality...
The Baltimore Business Journal (Free subscription) | 06/10/2009
A financial fraud detection agency said Tuesday that the auditor of Owings Mills weight-loss firm Medifast Inc. also was touting the company's stock to investor clients. (MED)
The Baltimore Business Journal (Free subscription) | 05/14/2009
Medifast Inc. said it is in “good standing” with the New York Stock Exchange and was removed from its watch list, according to a filing Wednesday with the Securities and Exchange Commission. (MED)
The Baltimore Business Journal (Free subscription) | 04/30/2009
Diet food company Medifast Inc. reported an 82 percent hike in first-quarter profits, driven by an increase in the company’s direct sales segment. (MED)