Showing posts with label Valeant Private Equity-Canada. Show all posts
Showing posts with label Valeant Private Equity-Canada. Show all posts

Wednesday, February 05, 2014

Uh-Oh! Dr. Richard Malouf abandoned his computer servers! YIKES!

malouf mansionDr. Richard Malouf, founder of All Smiles Dental Centers in Texas, has made the news a lot over the last two years. Much of which has involved charges of Medicaid Fraud, indications of bribery, and his infamous home water park in an affluent neighborhood of Dallas and 2 private jets.


Malouf check





Last week, (January 31, 2014) Dr. Malouf was back in court, this time in front of the bankruptcy judge. Under an earlier Agreed Order (Doc 637) Malouf agreed to abandon the property to the state, with the “provision that a neutral third party” would serve as Special Master of the bankruptcy estate.

Apparently Malouf was more concerned about the proper functioning of his waterpark than what incriminating evidence might be on the computer servers he happily “abandon” to the state of Texas. He recently tried to block the State of Texas access, but in an Order issued January 31, 2014 (Doc 762) a judge “clarified” the previous Agreed Order telling Malouf, tough titty.

Ok, so the judge didn’t say exactly that but did say:

“To avoid further doubt, the Court further clarified that the property was abandoned with this Court’s approval to The State Of Texas and simply appointed the Special Master to provide fair access and control, but not as owner of the property.”

“It was the Debtor’s prerogative to decide what to do with the property. The Debtor decided and this Court approved abandonment. The Malouf entities agreed to the abandonment.”

I bet you don’t see this over on the TDMR website!

Thursday, June 21, 2012

Two days after a Canadian Private Equity firm buys Orpharma, registered users get email on how to increase sales to fix your gum “pockets”

Valeant buys Orapharma for $312 million. 

I have been told there is no real scientific evidence to any of this Arestin stuff. And if I remember right the American Heart Association came out earlier this year and announced there was no real evidence associated with heart disease as you may be told.

I don’t have a clue either way. What I know is a Private Equity firm out of Canada is suggesting high pressure sales tactics the public should be made aware of.Just like the public needs to be aware of the drug companies and their sales techniques - which are many times very dangerous – the public needs to know this.arestinadafterpurchase

Here is just one of Arestin's sales training videos.