Donald Trump’s 2016 Georgia Campaign finance chair, Parker “Pete” Petit, was convicted of securities fraud by a jury in a federal court in New York on Thursday. ajc.com/ajcjobs/parker…
Petit also was a powerful top contributor to Health and Human Services secretary, and former Representative, Tom Price khn.org/news/the-trump…
In 2017, Petit tried to sue short sellers of his company’s stock to discover the authors of an anonymous blog that accused his company of "channel stuffing" — in this case, the practice of using distributors to artificially inflate sales
businessinsider.com/mimedx-ceo-pet…
businessinsider.com/mimedx-ceo-pet…
William Taylor, former MiMedx chief operating officer, was convicted of “conspiracy to commit securities fraud, to make false statements in SEC filings and to mislead the conduct of audits,” according to Strauss. Taylor is scheduled for sentencing Feb. 24. ajc.com/ajcjobs/parker…
“Matria paid $9 million in 2006 to settle a dispute over billing practices. In 2016, MiMedx agreed to pay a $3 million class action settlement with shareholders who alleged it misrepresented the regulatory status of some products.”
“In 2016 and 2017, some former MiMedx employees sued the company and Petit, alleging they had been fired for calling attention to a scheme in which MiMedx flooded hospital shelves with products that hadn’t been ordered and booked the revenue.” 
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