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Some were left with products they could sell in only about 15 states, said Douglas Donnenfield, president of InsureRate, the online division of Homecom HIFS, Houston.
The Bank's shares of common stock are listed and traded on The Nasdaq Stock Market under the symbol HIFS.
The bottom line is a potential tax scandal could have hurt the reputation of the company, particularly given the number of articles that have appeared in Arkansas Business about the VI and even Clearwater, the company you were affiliated with," said a memo from "Patrick, Steve, Micah, Bobby" regarding "issues that have led to the problems at HIFS.