When a company files for Chapter 11, we figure that's often a strong indicator that a management change is in order; that's the situation MVNO Amp'd Mobile finds itself facing as of late, and the rumors that CEO Peter Adderton's days were thusly numbered have finally materialized into reality. mocoNews reports that the ex-chief is still Amp'd's largest single shareholder and maintains a position on the board, but President Bill Stone now finds himself with top billing on the company's management roster. Bill: best of luck, dude.

[Via mocoNews]

Another day, another company slamming the doors shut, and another governmental group prying them back open to sniff things out. Shortly after BenQ pulled the plug on its German mobile division (and somehow got its P51 to China), chief senior public prosecutor Christian Schmidt-Sommerfeld has initiated an investigation to find out just what went down behind the scenes of the now-closed company. It's possible that "a number of bankruptcy-related offenses were committed," such as delaying their filing for bankruptcy and overstating how many units were sold in the most recent quarter by a couple million. Rumors had already surfaced regarding management's knowledge of the cashflow quandaries and their adamant indifference towards finding a solution, eliciting statements of "being lied to" to mar the already unfortunate closing. Nevertheless, we're sure someone will get to the bottom of all this, but unfortunately there's nothing they can do to bring all those unreleased (and sexy) mobiles to market.

[Via The Register]