Another former Adelphia exec was derided Thurs, as US District Court Judge P. Kevin Castel found former Adelphia exec Michael Mulcahey engaged in "massive fraud" during the MSO’s notorious accounting scandal. As part of a civil action brought by the SEC, Castel further found Mulcahey "a critical participant who enabled the fraud. He was not duped. He is knowledgeable, experienced and reasonably savvy." The judge ordered that a permanent injunction against future securities law violations be entered against Mulcahey.

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Tuesday–December 23

CFX Review: The Five Industry Stories that Defined 2025

Sometimes, to look forward, you’ve got to look back. As we head into 2026, the CFX editors reflect on the year that was, recapping what they believe were the five biggest stories of the past 12 months.

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