Useless Auditors and a Persecuted Blogger

Today in TheStreet.com I have a column describing the utter uselessness of auditors--and how bloggers (specifically Sam Antar) can sometimes do a better job rooting out questionable accounting and wrongdoing at companies.

As if to prove that general point, forensic accountant Tracy Coenen today has a hilarious blog item today describing the latest developments in a junk lawsuit brought against her and others by a company called Medifast.

It's not often that you see parties describing depositions while they're in the midst of litigation, and this one makes for fascinating reading. What isn't funny is that this suit hasn't been thrown out already.

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