Search Results for »SciQuest«

The Year That Was, And The Year That Will Be – NIGP & SciQuest Update

April 4, 2017

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Even though we are past the first quarter in 2017, there are still some notable stories from 2016 that need to be wrapped up. For example, 2016 was the first year that this blog was sponsor free. There was also the SciQuest lawsuit that began in 2015, as well as the continuing investigation surrounding NIGP #CodeGate, both […]

SciQuest Deal Closes

July 29, 2016

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The SciQuest acquisition and privatization by AKKR closed yesterday. This morning it was reported that SciQuest CEO Stephen Wiehe sold his shares of SciQuest in a series of transactions. He received $18,928,207. 30

Court ruling in SciQuest action means that necessary questions regarding company can still be asked

July 19, 2016

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In my May 31st post Why Is SciQuest Afraid To Go To Court, I shared with you the news that the company had filed a motion to have my defence stricken because I was unable to pay $22,000 in legal fees. The legal fees came about as a result of my failed motion for a change […]

Why Former SEC Attorney Willie Briscoe And The Other Law Firms Shouldn’t Challenge the SciQuest Deal

June 22, 2016

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“Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of SciQuest, Inc. (“SciQuest”) (NASDAQ: SQI) concerning the sale to Accel-KKR. Under the terms of the agreement, SciQuest shareholders will only receive $17.75 in cash for each […]

Wall Street Journal: SciQuest Agrees to Be Taken Private by Accel-KKR

June 8, 2016

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“There are no discussions with Oracle, there are no discussions with IBM, there are no discussions with . . . anyone wanna pick a name . . . there are no discussions, there’s nobody.” – Stephen Wiehe, SciQuest CEO July 2015 (SciQuest Q2 Scoop Session Audio Excerpt) As you read the above words, and listen […]

Why is SciQuest afraid to go to court?

May 31, 2016

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If I had accused someone of saying something about me that wasn’t true, and I went through the process of suing them for libel, I would want to have my day in court. I would want to present my evidence to clearly show that what the person had said was wrong. In short, I would want […]

Ohio Drops SciQuest And The Power Of Truth

April 26, 2016

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The beauty about telling the truth is that it cuts through distractions such as a $3.5 million lawsuit, and places the focus on where it belongs . . . the facts of a story. Back on August 7th, 2015 I wrote a post titled The Ohio Effect: Why SciQuest’s condition may be terminal. In the post, […]

McDonald’s, SciQuest and Lady Justice: Why The Canadian Judicial System Fails Its Citizens

March 28, 2016

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“The first casualty when war comes is truth.” – US Senator Hiram Warren Johnson, 1918 We are all familiar with the above quote in its various forms. The irony is that even the truth as to who actually coined the phrase, is the subject of debate. While many sources attribute it to Senator Walker, others credit either Arthur […]

Further Review of SciQuest video reveals contradictions that raise more questions by Jon Hansen

October 4, 2015

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Having watched and listened repeatedly to the 55 minute SciQuest Q2 Scoop video, and reviewing my corresponding 33 pages of notes, further contradictions in terms of SciQuest’s SLAPP and subsequent $3.5 million lawsuit have come to light. On page 18, point 46 of the SLAPP document, SciQuest contends that my November 28th, 2014 post titled […]

A Material Change at SciQuest? by Jon Hansen

September 6, 2015

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Analysts, however, didn’t share his unwavering confidence, with Stifel, Nicolaus & Co, Inc’s Tom Roderick asking what assurances Wiehe could offer that implementation issues didn’t contribute to the contract dispute. “How much comfort do you have that we won’t see this sort of situation replicated with other large bodies?” he asked. Wiehe repeatedly insisted Colorado […]