Pet Food Recall Expanded - Page 3

Joie · 04-05-2007, 09:24 PM

Now includes another company and some dog biscuits. A list can be found here:

http://www.sunshinemills.com/press_release.html

**Lzen** · 04-07-2007, 07:58 AM

Quote:

Originally Posted by htismaqe

I'm to the point where I wouldn't recommend buying food at ANY chain store, including Petco.

There's got to be a pet store near you that deals with one of the brands on Natura Pets' website...

I was getting to that point. But I did do some research and Natural Balance gets pretty good marks. It's a 4 star rated food on that dogfoodanalysis site that I posted. I can live with that. Plus, it is recommended by several posters on boxerworld.com. I'm looking for a good price and a quality food. Remember, I have 3 dogs and 2 of them are boxers. I go through a lot of food. I'm not buying high dollar stuff like Timberwolf.

**Lzen** · 04-07-2007, 08:10 AM

Quote:

Originally Posted by Delano

There is a "Where to Buy" section on the Natura (The company that sells California Natural, Evo and other brands) website.

I've done a bit of research on Canidae All Life Stage and the Natura brands after the recommendations given on this site and plan to offer the Canidae to my boxer when he comes home in a few weeks. I called a feed store in Sioux Falls, SD and they sell a 40 lb bag of Canidae for 35 dollars including tax. Havn't looked into prices for the Natura brands but they also sell them in my small town so I would think they would be available near you.

http://www.naturapet.com/where-to-buy/

I think Natura offers a nice line of treats that I am going to use as training rewards.

Anyways, your dogs are looking great. It appears that boy is gonna be big!

Hmm, looks like they have a place called Dog Day Afternoon just
West of town that sells this stuff. I'll check out their price. At this point, it depends on which is cheaper, Natural Balance or this stuff because I it appears to me that both are about equal.

BTW, I bought a bag of Natural Balance at Petco yesterday. My dogs love it. They also gave me a free bag of those NB roll treats.

**banyon** · 04-15-2007, 02:00 PM

CFO Sold 14K Shares Before Recall
BY ROB GILLIES 04.11.07, 3:17 PM ET

The chief financial officer of Menu Foods sold about half his shares in the company just three weeks before a massive recall of its pet food products, Canadian insider trading reports show.

CFO Mark Wiens sold 14,000 shares for $89,900 on Feb. 26 and Feb. 27. The shares are now worth about $54,000.

"He feels just awful that this link has been made," company spokesman Sam Bornstein said Wednesday.

But Bornstein said Wiens faced a restricted window in which he could sell his shares.

A blackout period related to the company's fourth quarter results prevented Wiens from trading until Feb. 19, Bornstein said. Wiens sought permission in writing from the CEO to trade then, a standard practice, he said.

Wiens currently owns about 17,000 shares.

Menu Foods began getting calls about sick cats around Feb. 26, but Bornstein said Wiens would not have known about them due to the size of the company. The calls didn't cause alarm until a week later.

"He is a highly principled guy and for the amount of money that we are talking about, for him to imperil his career, it just doesn't make any sense," Bornstein said.

"He's a leader of high standards in that company," he said. "That sort of thing would just be completely out of character."

Wiens called it a "horrible coincidence" in Canada's Globe and Mail newspaper. He did not immediately return phone calls Wednesday and Bornstein said Wiens didn't want to talk about his shares any more.

Ontario Securities Commission spokeswoman Carolyn Shaw-Rimmington said the OSC routinely reviews insider trading reports and instances of unusual trading, but does not comment on individual cases.

On March 16, Menu Foods recalled 60 million cans of dog and cat food after the deaths of 16 pets that ate its products, mostly cats. The U.S. Food and Drug Administration said tests indicated the food was contaminated.

Menu Foods was the first of at least six companies to recall pet food and treats made with the tainted Chinese wheat gluten. The company has recalled 100 brands of pet food, sold throughout North America under private and major labels.

The FDA has blocked wheat gluten imports from the Chinese company while it investigates.

This week, a large veterinary hospital chain says it recorded a 30 percent increase in kidney failure among cats during the three months that the contaminated pet food was sold.

Banfield, The Pet Hospital, based its analysis upon records collected by more than 615 veterinary clinics.

The analysis suggests that out of every 10,000 cats and dogs seen in Banfield clinics, three suffered kidney failure. The tainted food appears to have been more toxic to cats than to dogs.
http://www.forbes.com/feeds/ap/2007/...ap3603444.html

chagrin · 04-15-2007, 03:08 PM

Hey dude, you're a legal guy right? What's the possibility that this guy receives any sort of punishment in the legal system for this move?

**banyon** · 04-15-2007, 03:14 PM

Quote:

Originally Posted by chagrin

Hey dude, you're a legal guy right? What's the possibility that this guy receives any sort of punishment in the legal system for this move?

Not sure. I would think though that the Canadian legal system is probably harsher on white-collar crime than the U.S. It certainly appears to be insider trading of the most despicable variety. I hope he gets a Dennis Kozlowski-type sentence if truly guilty.

04-05-2007, 09:24 PM
Joie Veteran Join Date: Jan 2007 Location: Kansas Casino cash: $10004900	Pet Food Recall Expanded Now includes another company and some dog biscuits. A list can be found here: http://www.sunshinemills.com/press_release.html
Posts: 4,171

04-15-2007, 02:00 PM	#33
banyon Supporter Join Date: Aug 2005 Location: Hermosa, SD Casino cash: $10176551	CFO Sold 14K Shares Before Recall BY ROB GILLIES 04.11.07, 3:17 PM ET The chief financial officer of Menu Foods sold about half his shares in the company just three weeks before a massive recall of its pet food products, Canadian insider trading reports show. CFO Mark Wiens sold 14,000 shares for $89,900 on Feb. 26 and Feb. 27. The shares are now worth about $54,000. "He feels just awful that this link has been made," company spokesman Sam Bornstein said Wednesday. But Bornstein said Wiens faced a restricted window in which he could sell his shares. A blackout period related to the company's fourth quarter results prevented Wiens from trading until Feb. 19, Bornstein said. Wiens sought permission in writing from the CEO to trade then, a standard practice, he said. Wiens currently owns about 17,000 shares. Menu Foods began getting calls about sick cats around Feb. 26, but Bornstein said Wiens would not have known about them due to the size of the company. The calls didn't cause alarm until a week later. "He is a highly principled guy and for the amount of money that we are talking about, for him to imperil his career, it just doesn't make any sense," Bornstein said. "He's a leader of high standards in that company," he said. "That sort of thing would just be completely out of character." Wiens called it a "horrible coincidence" in Canada's Globe and Mail newspaper. He did not immediately return phone calls Wednesday and Bornstein said Wiens didn't want to talk about his shares any more. Ontario Securities Commission spokeswoman Carolyn Shaw-Rimmington said the OSC routinely reviews insider trading reports and instances of unusual trading, but does not comment on individual cases. On March 16, Menu Foods recalled 60 million cans of dog and cat food after the deaths of 16 pets that ate its products, mostly cats. The U.S. Food and Drug Administration said tests indicated the food was contaminated. Menu Foods was the first of at least six companies to recall pet food and treats made with the tainted Chinese wheat gluten. The company has recalled 100 brands of pet food, sold throughout North America under private and major labels. The FDA has blocked wheat gluten imports from the Chinese company while it investigates. This week, a large veterinary hospital chain says it recorded a 30 percent increase in kidney failure among cats during the three months that the contaminated pet food was sold. Banfield, The Pet Hospital, based its analysis upon records collected by more than 615 veterinary clinics. The analysis suggests that out of every 10,000 cats and dogs seen in Banfield clinics, three suffered kidney failure. The tainted food appears to have been more toxic to cats than to dogs. http://www.forbes.com/feeds/ap/2007/...ap3603444.html __________________ “When war breaks out people say: 'It won't last, it's too stupid.' And war is certainly too stupid, but that doesn't prevent It from lasting.” ~Albert Camus, The Plague.
Posts: 44,355

04-15-2007, 03:08 PM	#34
chagrin Giggitty! Join Date: Apr 2005 Location: Missoula, Mt Casino cash: $9804905	Hey dude, you're a legal guy right? What's the possibility that this guy receives any sort of punishment in the legal system for this move? __________________ Times have changed, so have I, things are better now.
Posts: 13,414