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Former Starkey hearing aid president starts 7-year prison sentence

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Not sure if Starkey every recovered from this internal fiasco. The kicker for me was when I read the company will installing defective parts in many ’s, but still charging full replacement value. Hope previous CEO and CFO enjoy their jail time.

Former Starkey hearing aid president starts 7-year prison sentence1

Former Starkey President Jerry Ruzicka starts 7-year prison sentence in Duluth, Minnesota.

Sounds to me like a good company almost brought low by a few evil men at the top and strong personalities riding almost off the rails, if not entirely:

Runaway Billionaire: Meet The CEO Whose Company Descended Into Fraud,...74

Bill Austin built a fortune from medical devices, then set out on a crusade to help the poor hear. But while he was off hanging with movie stars and rock gods, his company descended into a cesspool of fraud, embezzlement and betrayal. A cautionary...

(the Forbes article has the juicy details)

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