Phar mor inc
Discover company info on phar-mor, inc in georgia, such as contacts, addresses, reviews, and registered agent bizapedia is the leading internet source for information that many companies want to keep a secret from you. Michael i mickey monus (born in 1947) is the former president of phar-mor, inc, a defunct deep-discount drug and grocery retail chain that established a strong national presence before declaring bankruptcy in the early 1990s. Phar-mor inc is one of the top ten deep discount drug store chains in the united states the company rose to national prominence when. Free essay: sean russi the case of phar-mor inc acct-525 october 31, 2012 case summary the case of phar-mor inc was one of the biggest pre-enron frauds that. Phar-mor, inc has a law office located in youngstown, oh martindale-hubbell provides the office's address, phone number, website, and hours.
Phar-mor, inc 1 2 cases which companies have committed fraud by misstating inventory: • rocky mount undergarment company, inc • leslie fay company. The case of phar mor inc sara munger acct 525: current issues in accounting professor: sharon brown july 12, 2014 2 the case of phar mor inc fraud will always be an issue but was more so in the past before there were any real guidelines that companies and accountants had to adhere to. Phar-mor inc was able to cover losses with the help of what they consider bucket account they moved all fraudulent activities through this account.
Consult the d&b business directory to find the phar-mor inc company profile in youngstown , oh. Read this essay on phar-mor, inc research paper come browse our large digital warehouse of free sample essays get the knowledge you need in order to pass your classes and more. 46 phar-mar, inc 6 a two companies that have committed fraud by misstating inventory are bristol-myers squibb company, who concealed excess inventory held by wholesalers, and leslie fay women’s apparel whose controller increased orders by counting items shipped but did not subtract returns b.
Phar-mor (stylized as pha℞-mor ) was a united states chain of discount drug stores , based in youngstown, ohio , and founded by michael mickey monus and david shapira in 1982. View notes - phar mor final report from fina 450 at longwood case study 46: phar-mor, inc accounting fraud, litigation, and auditor liability dexter arrington tracey clements daniel hughes alisha. 1214 davis carr of pierce, carr & alford, mobile, for appellant 1215 andrew t citrin and robert t cunningham, jr of cunningham, bounds, yance, crowder and brown, mobile, for appellees ingram, justice phar-mor, inc, the defendant in this negligence action, appeals, contending that the trial. A confidential may 31, 1991, memorandum that raised questions about apparent irregularities in the way phar-mor inc was conducting its business was ordered destroyed by phar-mor's chairman and chief executive, david shapira, only days after it was drafted, a report released yesterday shows the.
Sean russi the case of phar-mor inc acct-525 october 31, 2012 case summary the case of phar-mor inc was one of the biggest pre-enron frauds that have been uncovered. Phar-mor fraud essay 1845 words | 8 pages phar-mor, inc was a thriving discount grocery store in the late 1980’s phar-mor was moving product quickly but profit margins were not significant enough to pay the bills.
United states bankruptcy court northern district of ohio in re: case number 01-44007 phar-mor, inc, et al, chapter 11 debtors honorable kay woods. Summary phar-mor, inc was a deep-discount store that had substantial growth in a short period of time it started with 15 stores and grew to over 310 stores in thirty two states between 1985 and 1992. Phar-mor inc said it will take a pre-tax charge of about $46 million following the resignation of robert haft as its chairman and chief executive. Free essay: phar-mor, inc was a thriving discount grocery store in the late 1980’s phar-mor was moving product quickly but profit margins were not.
When colorado officials were shopping around for investors for their colorado rockies expansion baseball franchise, michael i monus of youngstown, ohio, looked like just the ticket monus, who had other sports interests, was the high-living president of phar-mor inc, the $3 billion drugstore chain. Phar-mor inc and some of its affiliates filed for chapter 11 bankruptcy protection, the second time the discount drugstore chain has gone into bankruptcy court since 1992. The announcement that phar-mor intends to merge with shopko stores inc will have little impact on the las vegas market, which the ohio-based retailer abandoned in the wake of financial problems i don't think it (the announcement) relates in any way to las vegas, said john ficarro, phar-mor's. Order william t bodoh bankruptcy judge the cause before the court is defendants motion seeking an order making permanent91br6751754.Get file