Morning Links: 9 May 2008

Former bank CFO files whistleblower suit, hospital start-up has first deal, Moncier fights to stay in the courtroom, and more...

Email | Print By Geert De Lombaerde

George Fort, Tennessee Commerce's CFO until earlier this week, last month filed a whistleblower lawsuit related to his reporting of information he believed "to be violations of SEC regulations and federal laws relating to fraud against shareholders."

Transition Healthcare, the hospital company started by former HCA exec Arnold Kimmel, has signed a deal for a struggling Chicago-area facility.

BioMimetic's losses from operations during the first quarter grew 39 percent to $9.0 million primarily due to higher R&D spending. The quarter's bottom line was bolstered by a $39 million gain booked on the sale of a product line. Meanwhile, the Danish firm that's the biggest shareholder in the company, has bought another 45,300 shares, lifting its stake to more than 15 percent.

Prominent East Tennessee attorney Herb Moncier is appealing his recent disbarment from federal court.

The leaders of Nashville-based KravTek Media, talk about the "race against time" to find the venture capital they need to take their patented digital media technology to market.

An explosion and fire at a new Louisiana-Pacific mill in Alabama early Wednesday injured four employees.