Another lawsuit. HAVE OPEN WEBSITE TO READ THIS! - by United States Securities Exchange Commission?

http://www.leagle.com/unsecure/page.htm?shortname=infdco20100223c10

What kind of big wigs does MQ have running this company?  Aww, DO NOT ASK!

Have to read it all in its entirety!  MUST READ LAST PARAGRAPH.  Sounds like MQ is still misleading MT pay.  Duh!

UNITED STATES SECURITIES AND EXCHANGE COMMISSION v. KEARNS

UNITED STATES SECURITIES AND EXCHANGE COMMISSION, Plaintiff,
v.
BRIAN KEARNS and BRUCE J. VAN FOSSEN, Defendants.

Civil No. 09-3599 (JBS/KMW).

United States District Court, D. New Jersey.

February 23, 2010.

According to the complaint, MedQuist took advantage of the opaque quality of the billing arrangements in many of its customer contracts, in which the bill was to be calculated by using a unit of measure called an "AAMT line." (Id. ¶¶ 9-10.) The AAMT line was any line of 65 "characters," with characters being functions that were not all visible to a reviewer, so that it was impossible for clients to confirm that they had been correctly billed.

HOLY CRAP!!!!!!

MedQuist continued to secretly adjust line count ratios until 2004 or later," using an internal unit called the Financial Operational Audit ("FOPA") to implement the billing scheme. (Id. ¶ 20.) The FOPA prepared reports that documented the billing strategies and recommended "secretly or gradually" increasing line count ratios and creating AAMT accounts to allow for manipulative billing practices. (Id.) In order to disguise these artificial billing increases, MedQuist would sometimes time the increases to period of heavy work volume, so that the increases would go unnoticed. (Id. ¶ 22.)