The government would have a hard time going after only junior employees, especially when a corporate review that found nothing improper in their pricing.
Mr. Messier, who is under investigation for share-price manipulation, improper insider trading and fraud while he was the chief of Vivendi, argued that he was unable to pay the 1.35 million euro ($1.65 million) bail.
While there are proper uses of notes (to bridge the company to achieve a major milestone, or driven by insiders' willingness to extend runway), there also are troubling and frequent improper uses (to postpone pricing equity until valuation is higher or to ignore the implicit message associated with being unable to find a lead investor to price the round on terms that the founders like).
Nor is it an excuse to return items soiled or broken by the customer, nor is it a reason to pander to haggling in a retail industry where bargaining for a price is improper.
Fyffes contends that the action amounts to an improper sale based on nonpublic price-sensitive information, and under Irish law, that means DCC owes Fyffes compensation.
The former president of Bankia, Rodrigo Rato, and 32 former members of the failed bank's board are to be investigated on charges of falsifying accounts, dishonest administration, price manipulation and improper appropriation.
There are a variety of issues that arise when the government outsources the running of prisons to private corporations, from concerns over price gouging to improper training for private prison guards, to the greater ethical concern of who should manage the people society has decided should be incarcerated.
Mortgage agreements give lenders the right to force-place insurance, but regulators have accused banks and insurance companies of raising the price of policies with improper commission and reinsurance pacts.
Enron "relied upon assurances of technical compliance to insulate them from the consequences of improper behavior as they inflated the price of Enron stock for their own gain".
