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Olin Corp. Message Board

riverfront418 3 posts  |  Last Activity: Jun 17, 2016 3:59 PM Member since: Jun 30, 2011
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  • Reply to

    AAC Call Volume

    by webspecker May 24, 2016 4:12 PM
    riverfront418 riverfront418 May 27, 2016 1:13 PM Flag

    looking at declining call volume- in researching a addiction center online search brings up the death in California- That bit of news scares away potential addicts from calling the company for help. I want to get better not DIE, I will go call someplace else.

  • riverfront418 riverfront418 Jun 16, 2016 10:52 AM Flag

    Well the state is no longer holding the criminal complaint against the company. I expect the market to reward this decision in the next few months.

  • You're the judge, from a couple years ago-On 1 April 2014, publicly-traded Pacific Gas & Electric Company (PG&E), one of the largest combination natural gas and electric utilities in the United States, was indicted on 12 counts of violating safety standards set forth in the Natural Gas Pipeline Safety Act of 1968, 49 U.S.C. § 60123, and associated regulations. The charges stem from a multi-year investigation into PG&E’s safety practices following a tragic 2010 pipeline explosion that left eight dead, scores injured and dozens of homes destroyed in San Bruno, California. The PG&E indictment has since been superseded to a total of 27 counts, now including a charge of obstructing the regulatory investigation that followed the San Bruno incident.

    Several months later, on 17 July 2014, publicly-traded common carrier FedEx Corporation (FedEx) was indicted on 15 counts of conspiracy to traffic in controlled substances and misbranded drugs. The government alleges that between 2000 and 2010, FedEx conspired with certain internet pharmacies to ship and thereby distribute prescription drugs to persons who did not have a valid physician’s prescription. The FedEx indictment also has recently been superseded, upping the charged counts to 18, to now include money laundering conspiracy charges.

    Interestingly, both the PG&E and FedEx cases are being prosecuted by the US Attorney’s Office for the Northern District of California (USAO). Whether this evidences a different approach to corporate criminal enforcement in this one of the 94 federal districts, or no more than coincidence, is at this point unclear.

    Full article--Reexamining the notion that public companies cannot fight criminal charges

    October 2014 | SPOTLIGHT | LITIGATION & DISPUTE RESOLUTION

    Financier Worldwide Magazine

    Sentiment: Buy

OLN
21.46+0.07(+0.33%)Aug 26 4:02 PMEDT