Xybernaut fires CEO and COO

EE Times is reporting that the wearable-computer company Xybernaut is joining the ranks of scandal-ridden corporate America:

Mobile and wearable computer hardware vendor Xybernaut Corp. said Wednesday (April 20) it had fired several top-level officers and announced the resignation of its accounting firm after an independent audit revealed widespread management corruption, including the use of company funds for personal expenses and nepotism by the company’s CEO.