EDITORIAL: Law Enforcement Closing in on Billion Dollar Regional Company

EDITORIAL: Law Enforcement Closing in on Billion Dollar Regional Company

A company located in Southern New England is facing a series of significant legal issues.

They range from criminal charges against the Chairman of the Board to a federal lawsuit filed against one of the company’s most prominent employees.

Another top employee is facing criminal charges in yet another venue.

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The plethora of investigations raise questions about the company’s top management, employees, and the overriding culture of the corporation.

The company, valued at $3.8 billion, has been in a steady growth pattern. According to Forbes, the company has increased its year-over-year value by 3 percent.

In addition, the company’s operating income last year exceeded a reported $230 million.

The impact of the potentially criminal activities have made some to shy away from the company — in one recently reported case, a charitable organization rejected a $100,000 donation from the chairman.

One member of the chairman of the company’s legal defense team was also lead counsel in the now-infamous case involving Jeffrey Epstein sexual abuse of numerous teenage girls. The Chairman’s attorney is linked to a highly questionable plea agreement that has been widely criticized.

In the forefront, the company is expected to have another highly profitable growth year. The company may even be the top performer in its sector.

Some analysts complain that the company’s corporate culture has significant flaws and exposes the company to significant regulatory action.

Regulators have twice in recent years taken significant action against the company, fining the company for violations, and then a few years later levying heavy penalties and forcing the suspension of one of the company’s top performers.

Regulators are now looking at allegations against one of the company’s newest hires — he faces serious allegations a civil suit filed in federal court.

Welcome to your 2019 New England Patriots.