Tag Archives: Securities and Exchange Commission

Exide targeted in Federal criminal probe of Vernon plant

US-Justice-Department

CLICK HERE TO READ EXIDE’S 10-Q FILING WITH THE SEC WALL STREET JOURNAL Exide Targeted in Federal Criminal Probe of California Plant Battery Maker Receives Grand Jury Subpoena Involving Lead-Recycling Plant August 15, 2014 12:02 PM By PEG BRICKLEY Exide Technologies has been hit with a grand jury subpoena in connection with a criminal investigation […]

0 Comments Read more »

EXIDE BANKRUPTCY BREAKING NEWS: Federal judge rules that Exide executives can’t escape investor lawsuit over environmental issues

Exide

“These allegations support that the [company’s Vernon, California-based] facility was critical to Exide’s operations, and that the environmental contamination issues at Vernon were severe,” Judge Wilson said. “In conjunction with Exide’s environmental reporting system, these allegations support a cogent inference that defendants were aware of Vernon’s environmental issues… Further, given the plaintiffs had provided statements […]

0 Comments Read more »