Vestis's CEO talked up 'service excellence' while service gaps bled customers
Kimberly Scott promised service excellence at the Aramark spin-off; when service gaps were disclosed, the stock fell 45% and she was gone.
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2,000 VERÖFFENTLICHTE FÄLLE · REGELMÄSSIG AKTUALISIERTBoeing 737 MAX 9 door plug blew off at 14,830 feet because bolts were never reinstalled
A 737 MAX 9 door plug blew off mid-flight. The NTSB found Boeing's factory removed four securing bolts and never reinstalled them — a systemic quality failure.
Fall lesenTakeda's Actos — a diabetes drug that cost $2.37 billion in settlements
Takeda's diabetes drug Actos was linked to bladder cancer. The company paid $2.37 billion to settle 9,000 claims. France and Germany withdrew the drug.
Fall lesenSüdzucker and two rivals split a €280M fine for Germany's sugar area cartel
Südzucker, Nordzucker and Pfeifer & Langen ran a territorial cartel keeping rivals out of their home regions for years — Germany fined the trio €280M.
Fall lesenWind Mobile, the Canadian fourth carrier, was crushed by the Big Three and sold at a loss
Wind Mobile spent $442M on spectrum and $508M in debt, yet remained a 3G-only also-ran before Shaw bought its spectrum — investors lost hundreds of millions.
Fall lesenBaFin fined N26 €9.2M for systematically late money-laundering reports in 2022
Germany's regulator fined N26 €9.2M after finding the neobank systematically filed suspicious-transaction reports late during 2022.
Fall lesenAIMCo's VOLTS strategy lost $2.1B selling volatility — and the market never settled
Alberta's pension manager sold volatility protection to Wall Street banks. When COVID hit, the market never calmed down, and the strategy lost $2.1B.
Fall lesenLifebuoy and Dettol fought each other in two High Courts over COVID germ-kill ads
In the pandemic's first wave, HUL's Lifebuoy and Reckitt's Dettol ran ads disparaging each other — and within a week, two High Courts forced both to back down.
Fall lesenBang & Olufsen's botched 2014 product ramp forced a profit warning and retreat
Production delays drove a December 2014 profit warning, a DKK 807M operating loss in 2014/15, and the forced sale of B&O's car-audio unit to Harman.
Fall lesenMissoni was Italy's knitwear royalty — then the family lost control
The Missoni family sold 41.2% of the company to a state fund for €70M in 2018. Creative directors came and went. The planned IPO never materialised.
Fall lesenIndecopi fined Interbank S/411,840 for spam calls found by AI-audited recordings
Peru's consumer watchdog used AI to sift call recordings, flagged unconsented commercial calls, and hit Interbank with a 74.88 UIT fine for aggressive selling.
Fall lesenKose's Sekkisei spent 30 years building China counters — then pulled them in 3 months
Kose's Asia sales dropped 23% as Sekkisei lost to Chinese domestic brands — 30 years of counters pulled in months.
Fall lesenGM's worst plant became its best under Toyota — then GM let it die
The workforce GM called unmanageable built cars as well as Toyota's best in Japan. GM never copied the method. Closed the plant. Tesla bought it for $42M.
Fall lesenHarbor Freight: worn supplier tooling forced the recall of 1.7 million jack stands
Worn tooling at its supplier made 1.7 million Pittsburgh jack stands liable to collapse under load — and the replacement stands failed on welds too.
Fall lesenJoachim Boldt published 90+ anesthesia papers on patients he never treated
German anesthesiologist Boldt published 90+ papers on patients he never treated. The fraud was discovered in 2010. Most papers were retracted.
Fall lesenChieru's Okinawa unit tipped bid prices to rivals — the parent's CEO took it over
A whistleblower exposed tender misconduct at OKIDIM, Chieru's Okinawa unit; the probe forced a continuation AGM and put the parent's CEO in charge.
Fall lesen47-year-old C.W. Sellors collapsed in 2026 — a Watchfinder founder bought it back
Founded in 1979, the Derbyshire jeweller and watch retailer grew to 10 shops. In 2026 it entered administration; 36 staff lost their jobs before a March rescue.
Fall lesenOptus went dark for 14 hours, cutting off 10 million Australians from everything
A software upgrade triggered a BGP routing collapse that took down Australia's second-largest telco for half a day.
Fall lesenMF Global lost $140M on wheat futures — a rogue trader in a branch office
MF Global lost $140M in 2008 when a representative in a branch office made unauthorized wheat futures trades far beyond his limits.
Fall lesenAl Hilal's record Neymar bet ended after seven matches in 17 months
Al Hilal paid PSG a league-record €90m fee and $100m a year for Neymar; injuries left him seven matches and the contract terminated in January 2025.
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