Mobile Fidelity to pay up for fraud?

Color me surprised at the amount but MoFI, the company whose claims for an all-analog recording chain in their ultra high end vinyl releases were exposed as 'less than truthful' last year, have apparently agreed to pay $25m in settlement.  Not entirely sure how this will work but all buyers who screamed foul can return their purchases for full refund or take a 5% refund if they want to keep them. So it would seem very unlikely that MoFi end up paying out even close to that headline-grabbing sum.  No word on what the folks who bought at greatly inflated prices on the secondary market feel about all this but as always, prices will reflect this.  Most folks used to think these sounded great until they learned the facts. Fascinating stuff -- read more here

Audio Research in trouble? Maybe or maybe not.

Lots of chatter online about Audio Research filing for bankruptcy. As luck would have it, I was enjoying my AR phono stage the very evening the news broke. I think the news has been interpreted in a doom-laden manner as poatings over the weekend from those inside the company suggest the company is operating as normal and a new buyer is anticipated shortly. Check out, for example, this thread on A'gon.

Am sure there's a good story behind all this, and hopefully it will be told in the weeks ahead. For now, my fellow AR owners and enthusiasts, keep calm and listen to some music.