United States v. Michael Baker and Michael Gluk

Overview: 

United States v. Michael Baker and Michael Gluk
On April 1, 2014, a superseding indictment was returned in the U.S. District Court for the Western District of Texas charging Michael Baker and Michael Gluk with one count of conspiracy to commit wire and securities fraud, 9 counts of wire fraud and two counts of securities fraud. The indictment also charges Baker with three counts of false statements. The charges stem from a scheme to defraud and conceal from ArthroCare’s shareholders, the investing public, and ArthroCare’s internal accountants and external auditors the true nature of ArthroCare’s financial condition, ultimately causing ArthroCare’s earnings to be inflated by tens of millions of dollars.

Case Open Date: 
Tuesday, July 16, 2013
Tags: 
John Raffle
David Applegate
ArthroCare
Updated July 19, 2017