RE:RE:Bruce Campbell - BNN - HOLDCampbell's understanding of the investigation sounds nothing like what was disclosed by mgmt....
From time to time, the Company is involved in various legal proceedings arising from the ordinary course of business. The Company received a civil investigative demand from the U.S. Attorney’s Office for the Northern District of Georgia pursuant to the False Claims Act regarding an investigation concerning whether the Company may have caused the submission of false claims to government healthcare programs for CPAP equipment. The Company is cooperating with the investigation and the DOJ has not indicated to the Company whether it believes the Company engaged in any wrongdoing. No assurance can be given as to the timing or outcome of the DOJ’s investigation. lscfa wrote: Damn mgmt always gives analysts, institutional investors more info than retail investors. Campbell says DOJ issue is about Quipt's advertising practises and talking about the success of its products.