Piers Anthony

"And two savagely negative reports I am loosely interpreting here to mask identities. One describes a publisher that started out well, then ran out of money, used royalties to cover operating expenses, and made excuses to cover that up. The other describes bad editing, blatant favoritism, and a threatening attitude toward those who even question things. Both reports are detailed and persuasive. There is also a story circulating about how there was a firm offer to buy 10,000 copies of an author's books, with no refunds, but the publisher essentially turned its back on the deal. Such an example, if true, suggests that the printer might have demanded payment up front, and the publisher wouldn't or couldn't do that, so let it go. So much for that author's prospects. Beware. July 2010 update: And an angry response from the publisher, who wanted the bad report removed immediately. Lotsa luck there."

June 2014 update: A report of fouled up statements of account and failure to pay royalties for whole quarters. Stonewalling of authors who query about this. It may take legal action to get information. Beware.
http://www.hipiers.com/publishing.html#C1