The Federal Trade Commission fined Canton-based Reebok $25 million over "overhyped" claims in ads for EasyTone and RunTone shoes. [Boston Herald] Remember to follow Bostonist on Twitter and like us on Facebook.
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Results tagged “reebok”
-- On Thursday at approximately 5 p.m., two officers observed a man firing gunshots in the area of Deering Road. The suspect fled on foot with four other males. One of the other individuals was quickly detained by assisting officers. The Boston Police Crime Scene Unit located two bullet fragments and a parked car with a single bullet hole. No gunshot victims were located. The suspected shooter turned himself in at approximately 7:00 p.m. Thursday on various weapons charges. [BPDNews.com]
Given the headline "Fireman: Adviser looted $25m," you might think this Globe story is about firefighters getting ripped off by their investment advisers. Fortunately for firefighters, it's not so. But things are less fortunate for Paul Fireman, former CEO of Reebok, who reports that his former investment manager Arnold Mullen may have ran off with millions of dollars intended for investment in Fireman's company and charitable foundation. First it was Bernie, then Dane Cook's brother, and now this. Are there any reputable financial advisers out there anymore?
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