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Steve Madden
Steven Madden (born March 23, 1958) is an American fashion designer and businessman. He is the founder and former CEO of Steve Madden, Ltd., a publicly traded company. Life and career Madden was born in Far Rockaway, Queens, the son of a Jewish mother and an Irish Catholic father. He grew up in adjoining Lawrence and graduated from the local high school in Nassau County, New York. After high school, Madden studied at the University of Miami for two years before returning to Long Island. The youngest of three brothers, he started the company with $1,100 in 1990 by selling shoes out of the trunk of his car. Criminal conviction Madden's financial affairs were closely entangled with Long Island "pump and dump" brokerage house Stratton Oakmont, cofounded by Madden's childhood friend Danny Porush, who first lent him money to expand his fledgling company, and then underwrote its initial public offering. In June 2000, a class action lawsuit was filed against Madden for issuing mat ...
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Steve Madden (company)
Steven Madden, Ltd., also known as Steve Madden, is a publicly traded company that designs and markets shoes and fashion accessories. Based in Long Island City, New York, the company's brands include Dolce Vita, Betsey Johnson, Blondo, Greats, BB Dakota and Mad Love. Steve Madden is also a licensee of various brands, including Anne Klein and Superga. History Businessman Steve Madden started the company with $1,100 in 1990 by selling shoes out of the trunk of his car to small Manhattan stores, where their chunky platform look attracted clothing designers, such as Betsey Johnson, who used them in their fashion shows. Steven Madden, Ltd. was incorporated in New York on July 9, 1990, and reincorporated under the same name in Delaware in November 1998. The company went public in 1993, underwritten through Stratton Oakmont. Steve Madden operates over 220 retail stores worldwide including eight Internet stores. The company reported net sales of for 2021. Awards and honors * Footwear ...
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Queens, New York
Queens is a borough of New York City, coextensive with Queens County, in the U.S. state of New York. Located on Long Island, it is the largest New York City borough by area. It is bordered by the borough of Brooklyn at the western tip of Long Island to its west, and Nassau County to its east. Queens also shares water borders with the boroughs of Manhattan, the Bronx, and Staten Island (via the Rockaways). With a population of 2,405,464 as of the 2020 census, Queens is the second most populous county in the State of New York, behind Kings County (Brooklyn), and is therefore also the second most populous of the five New York City boroughs. If Queens became a city, it would rank as the fifth most-populous in the U.S. after New York City, Los Angeles, Chicago, and Houston. Approximately 47% of the residents of Queens are foreign-born. Queens is the most linguistically diverse place on Earth and is one of the most ethnically diverse counties in the United States. Queens was es ...
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Halfway House
A halfway house is an institute for people with criminal backgrounds or substance use disorder problems to learn (or relearn) the necessary skills to re-integrate into society and better support and care for themselves. As well as serving as a residence, halfway houses provide social, medical, psychiatric, educational, and other similar services. They are termed "halfway houses" due to their being halfway between completely independent living and in-patient or carceral facilities, where residents are highly restricted in their behavior and freedoms. The term has been used in the United States since at least the Temperance Movement of the 1840s. Types Halfway houses in the US generally fall into one of two models. In one model, upon admission, a patient is classified as to the type of disability, ability to reintegrate into society, and expected time frame for doing so. They may be placed into an open bay same-sex dormitory similar to that found in military basic training, with ...
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New York City
New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the List of United States cities by population density, most densely populated major city in the United States, and is more than twice as populous as second-place Los Angeles. New York City lies at the southern tip of New York (state), New York State, and constitutes the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the world by urban area, urban landmass. With over 20.1 million people in its metropolitan statistical area and 23.5 million in its combined statistical area as of 2020, New York is one of the world's most populous Megacity, megacities, and over 58 million people live within of the city. New York City is a global city, global Culture of New ...
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Newsweek
''Newsweek'' is an American weekly online news magazine co-owned 50 percent each by Dev Pragad, its president and CEO, and Johnathan Davis (businessman), Johnathan Davis, who has no operational role at ''Newsweek''. Founded as a weekly print magazine in 1933, it was widely distributed during the 20th century, and had many notable editors-in-chief. The magazine was acquired by The Washington Post Company in 1961, and remained under its ownership until 2010. Revenue declines prompted The Washington Post Company to sell it, in August 2010, to the audio pioneer Sidney Harman for a purchase price of one dollar and an assumption of the magazine's liabilities. Later that year, ''Newsweek'' merged with the news and opinion website ''The Daily Beast'', forming The Newsweek Daily Beast Company. ''Newsweek'' was jointly owned by the estate of Harman and the diversified American media and Internet company IAC (company), IAC. ''Newsweek'' continued to experience financial difficulties, whic ...
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Ocala, Florida
Ocala ( ) is a city in and the county seat of Marion County within the northern region of Florida, United States. As of the 2020 United States Census, the city's population was 63,591, making it the 54th most populated city in Florida. Home to over 400 thoroughbred farms and training centers, Ocala was officially named the Horse Capital of the World in 2007. Notable attractions include the Ocala National Forest, Silver Springs State Park, Rainbow Springs State Park, and the College of Central Florida. Ocala is the principal city of the Ocala, Florida Metropolitan Statistical Area, which had an estimated 2017 population of 354,353. History Ocala is located near what is thought to have been the site of ''Ocale'' or Ocali, a major Timucua village and chiefdom recorded in the 16th century. The modern city takes its name from the historical village, the name of which is believed to mean "Big Hammock" in the Timucua language. The Spaniard Hernando de Soto's expedition recorded O ...
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Federal Correctional Complex, Coleman
The Federal Correctional Complex, Coleman (FCC Coleman) is a United States federal prison complex for male inmates in unincorporated Sumter County, Florida, near Wildwood. It is operated by the Federal Bureau of Prisons (BOP), a division of the United States Department of Justice. The facility is located in central Florida, approximately northwest of Orlando, northeast of Tampa, and south of Ocala. The complex has of space.Lee, Suevon. "A View Inside Federal Lockup." ''Ocala Star-Banner''. Thursday, January 21, 2010. p3 Retrieved on December 6, 2015. the complex, the largest correctional facility operated in the nation, altogether houses 7,120 prisoners,Lee, Suevon. "A View Inside Federal Lockup." ''Ocala Star-Banner''. Thursday, January 21, 2010. p2 Retrieved on December 6, 2015. and 1,300 employees, making it one of the largest employers in the county.Lee, Suevon. "A View Inside Federal Lockup." ''Ocala Star-Banner''. Thursday, January 21, 2010. p1 Retrieved on December 6, ...
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Eglin Air Force Base
Eglin Air Force Base is a United States Air Force (USAF) base in the western Florida Panhandle, located about southwest of Valparaiso in Okaloosa County. The host unit at Eglin is the 96th Test Wing (formerly the 96th Air Base Wing). The 96 TW is the test and evaluation center for Air Force air-delivered weapons, navigation and guidance systems, command and control systems, and Air Force Special Operations Command (AFSOC) systems. Eglin AFB was established in 1935 as the Valparaiso Bombing and Gunnery Base. It is named in honor of Lt. Col. Frederick I. Eglin who was killed in a crash of his Northrop A-17 attack aircraft on a flight from Langley to Maxwell Field, Alabama. History Creation and World War II Much of the base was part of a national forest until the outbreak of World War II in Europe when a proving ground for aircraft armament was established at Eglin. The U.S. Forest Service ceded over 340,000 acres of the Choctawhatchee National Forest to the War Dep ...
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Federal Prison Camp, Eglin
Federal Prison Camp, Eglin was a Federal Bureau of Prisons minimum security prison at Auxiliary Field 6, Eglin Air Force Base in Florida. Lacey Rose of ''Forbes'' wrote that it "was once considered so cushy that the term " Club Fed" was actually coined to describe it." By 2006 the federal government decided to cut costs by closing Eglin and returning the buildings to the Air Force. The prisoners were moved to Federal Prison Camp, Pensacola.Rudman, Mladen.Article: Eglin prison to turn in key: The camp's five dormitories and smaller buildings will be returned to the Air Force after remaining personnel leaves by Feb. 20. '' Northwest Florida Daily News''. January 10, 2006. Retrieved on August 23, 2010. Notable inmates The five Watergate burglars - Bernard Barker, Virgilio Gonzalez, Eugenio Martínez, James W. McCord Jr., and Frank Sturgis - were inmates at Eglin. See also References External links * - Federal Bureau of Prisons The Federal Bureau of Prisons (BOP) i ...
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Securities Fraud
Securities fraud, also known as stock fraud and investment fraud, is a deceptive practice in the stock or commodities markets that induces investors to make purchase or sale decisions on the basis of false information, frequently resulting in losses, in violation of securities laws."Securities Fraud Awareness & Prevention Tips
faq by FBI, accessed February 11, 2013
Securities fraud can also include outright theft from investors ( embezzlement by ),



Stock Manipulation
In economics and finance, market manipulation is a type of market abuse where there is a deliberate attempt to interfere with the free and fair operation of the market; the most blatant of cases involve creating false or misleading appearances with respect to the price of, or market for, a product, security or commodity. Market manipulation is prohibited in most countries, in particular, it is prohibited in the United States under Section 9(a)(2) of the Securities Exchange Act of 1934, in the European Union under Article 12 of the ''Market Abuse Regulation'', in Australia under Section 1041A of the Corporations Act 2001, and in Israel under Section 54(a) of the securities act of 1968. In the US, market manipulation is also prohibited for wholesale electricity markets under Section 222 of the Federal Power Act and wholesale natural gas markets under Section 4A of the Natural Gas Act. The US Securities Exchange Act defines market manipulation as "transactions which create an ar ...
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Class Action
A class action, also known as a class-action lawsuit, class suit, or representative action, is a type of lawsuit where one of the parties is a group of people who are represented collectively by a member or members of that group. The class action originated in the United States and is still predominantly a US phenomenon, but Canada, as well as several European countries with civil law, have made changes in recent years to allow consumer organizations to bring claims on behalf of consumers. Description In a typical class action, a plaintiff sues a defendant or a number of defendants on behalf of a group, or class, of absent parties. This differs from a traditional lawsuit, where one party sues another party, and all of the parties are present in court. Although standards differ between states and countries, class actions are most common where the allegations usually involve at least 40 people who the same defendant has injured in the same way. Instead of each damaged person brin ...
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