In a span of 11 months, FTX. a crypto exchange co-founded by Sam Bankman-Fried (SBF), went from being valued at $32 billion in January 2022 to filing for bankruptcy, wiping out billions in investor money by November. Those called in to clean up the mess soon discovered that up to $9 billion in custo...

The performance of the luxury performance car segment closely mirrored trends in the broader luxury goods sector, and both were buoyed by rising global wealth and demand for high-end products in the first quarter of the twenty-first century. During the global recession of 2008-2009, however, demand ...

In July of 2020, the National Hockey League (NHL) and the NHL Players’ Association (NHLPA) were negotiating an agreement on a return-to-play plan for the 2019-20 season interrupted by the COVID-19 pandemic. At the same time, the two parties were negotiating an agreement to extend the league’s collec...

Throughout 2017 and into 2018, Tesla was burning through cash as the company sought to ramp up production of its Model 3 all-electric vehicle (EV). Investors were questioning whether Tesla would need to raise additional capital. While the company had been successful in the past at issuing both equit...

Students are placed in the position of Pedro Russell, a partner at GSM Partners, during the due diligence phase of the acquisition process for MedPro Institute, a vocational training school in the medical field. While reviewing the school’s financial data, Russell discovered that the school relied a...

This case examines how Marsha Jackson, the Head of Internal Audit at RiseEngineer, deals with a whistleblower allegation of bribery in the company’s foreign subsidiary. Marsha’s compliance team conducts an investigation focused on the subsidiary’s bid on a major construction project. Students are as...

Since 1917, American jobs have been classified by their skill level. “Unskilled work” was said to, “require no special training, judgment, or manual dexterity, but supply mainly muscular strength for the performance of coarse, heavy work dexterity.” It was the largest category of work and included m...

Set in April 2020, the case chronicles the evolution of Netflix from renting DVDs by mail to the world's leading streaming video on demand (SVOD) provider. It explores Netflix’s distinctive strategy and culture, which promoted independent decision-making, agility, and innovation, and were central to...

In 2015, when Dan Schulman became CEO of PayPal, a digital payments company, many people thought of it as the button they clicked when paying for online purchases. In 2015, PayPal embarked on a new mission: using technology to democratize financial services. In Schulman’s words, it would “turn the ...

On October 29, 2018, Indonesia’s Lion Air flight 610, a nearly new Boeing 737 MAX 8 jet, plunged into the Java Sea at 400 miles per hour, killing all 189 people on board. Eight days later Boeing issued a bulletin to all 737 MAX 8 and 737 MAX 9 operators stating that “erroneous angle-of-attack data” ...