Canopy Financial Turns Into Sad, Comical Game Of Hot Potato

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Summary

12 on this year’s Inc. 500 list of fastest growing companies, is a complete sham. Please pass to Michael Arrington if you don’t mind.” Let me just highlight one part of that email – “We clearly had no clue about any such wrongdoing.” Err, what? Going forward, he will leave his role as CEO of Canopy, but will remain as Chairman of the Board of Directors, helping to ensure that anyone who committed fraud is held fully accountable. The company was engaging in long term financial fraud with completely made up numbers. Never fear, though, he’s “helping to ensure that anyone who committed fraud is held fully accountable.”

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