Consequentialism Because deontological theories are best understood in contrast to consequentialist ones, a brief look at consequentialism and a survey of the problems with it that motivate its deontological opponents, provides a helpful prelude to taking up deontological theories themselves. Some consequentialists are monists about the Good. Other consequentialists are pluralists regarding the Good.
Rigas"Timothy J. Rigas"Michael J. Rigas"James P. Rigas"James R.
Brown "Brown"and Michael C. Mulcahey "Mulcahey"alleges as follows: This case concerns one of the most extensive financial frauds ever Adelphia case 1 take place at a public company.
Six senior Adelphia officials orchestrated this widespread and multifaceted scheme: The principal components of the fraud came within three general categories: Not only did the exclusion of these liabilities violate Generally Accepted Accounting Principles "GAAP"but Adelphia and other Defendants affirmatively misled the public about these liabilities in Commission filings and other public statements.
In some instances, the Defendants created sham transactions backed by fictitious documents to give the false appearance that Adelphia had actually repaid debts when, in truth, it had simply shifted them to unconsolidated Rigas-controlled entities.
Since at leastAdelphia used fraudulent misrepresentations and omissions of material fact to conceal rampant self-dealing by the Rigas Family. The fraud continued even after Adelphia acknowledged the existence of off-balance sheet liabilities on March 27, Most of the individual Defendants named in this action no longer work at Adelphia, having resigned from their officer and director positions in mid- to late-May.
By virtue of the conduct alleged in this Complaint: Adelphia, directly or indirectly, singly or in concert, has engaged in acts, practices and courses of business that constitute violations of Section 17 a of the Securities Act of "Securities Act"15 U.
Rigas, directly or indirectly, singly or in concert, has engaged in acts, practices and courses of business that constitute violations of Section 17 a of the Securities Act, 15 U. Rigas is also liable, pursuant to Section 20 a of the Exchange Act, 15 U.
Brown, directly or indirectly, singly or in concert, has engaged in acts, practices and courses of business that constitute violations of Section 17 a of the Securities Act, 15 U. Mulcahey, directly or indirectly, singly or in concert, has engaged in act, practices and courses of business that constitute violations of Section 13 b 5 of the Exchange Act, 15 U.
Unless the Defendants are permanently restrained and enjoined by this Court, they will again engage in the acts, practices, and courses of business set forth in this Complaint and in acts, practices, and courses of business of similar type and object.
By this action, the Commission seeks judgment, among other things:1 After these things Jesus showed himself again to the disciples at the sea of Tibe'ri-as; and on this wise showed he himself.
2 There were together Simon Peter, and Thomas called Did'ymus, and Nathan'a-el of Cana in Galilee, and the sons of Zeb'edee, and two other of his disciples. 3 Simon Peter. SEC Charges Adelphia and Rigas Family With Massive Financial Fraud FOR IMMEDIATE RELEASE "In this case, Adelphia not only failed early on to cooperate with the Commission's investigation, but actually allowed the fraud to continue until the Rigas family lost control over the company's conduct.
The Commission's . Adelphia Officials Are Arrested, Charged With 'Massive' Fraud.
By. Three members of the Rigas family that founded Adelphia Communications Corp., and two other company executives, were arrested. Thomas is widely recognized as one of the leading bankruptcy attorneys in the United States.
As Global Head of White & Case's Financial Restructuring and Insolvency Practice, he has played a pivotal role in the restructuring of more than US$ billion of debt, in some of the largest and most complex restructurings in history.
John Rigas, who turned a $ investment a half-century ago into cable behemoth Adelphia Communications Corp., was sentenced to 15 years in prison Monday for his role in .
Trident University Case 1- The Adelphia Scandal ETH Business Ethics Dr. Bonnie Adams 4/13/ Introduction Aldelphia Communications Corporation was founded in .