The U.S. Attorney's Office in New Jersey has charged Jeremy Hare with allegedly defrauding a California commercial financing firm of $400,000 between last June and August. Hare had been disciplined in his prior career as a stock adviser.
Accolade - which is backed by $200 million in venture funds, and with 500 of its 850 employees in Plymouth Meeting - seeks to cut the corporate health-care costs that Warren Buffett says are a "tapeworm" eating away at private industry's profits.
Comcast Corp. could take the fight over the Fox assets directly to Fox shareholders, which would escalate the dispute. The Philadelphia company has hired the MacKenzie Partners firm to campaign and win support of big Fox shareholders.