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Whistleblower Awarded $175 Million in Trinity Industries Lawsuit
2015-01-03 01:45:37| Automakers - Topix.net
A federal jury determined that Trinity Industries, a Texas-based guardrail manufacturer, must pay $175 million in penalties after a whistleblower alerted authorities to False Claims Act violations by the company. Trinity manufactures many of the guardrails that you see as you drive on highways and roads across the nation.
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Graham & Co. pick up Philips Highway office park for $21 million
2015-01-03 01:14:36| Railroads - Topix.net
The Alabama real estate firm that recently sold a Downtown tower to CSX Corp. has picked up an office/warehouse center on Philips Highway for $21 million. Graham & Co.
DISH Network to pay $2 million, change marketing to end probe
2015-01-02 22:39:49| Telecom - Topix.net
A DISH Network Corp. unit will pay $2 million and change national marketing practices to show it can raise prices at any time during the life of a contract, as a condition for ending a Colorado investigation, the state's attorney general's office said on Friday. The settlement with DISH Network LLC comes several weeks after a federal judge in Illinois largely sided with the U.S. government and several states in a separate lawsuit accusing the satellite television provider of placing millions of illegal telemarketing calls to people who had signed up for the Do-Not-Call list.
CEOs at Jabil Circuit, Raymond James 2014 payhecks top $6 million
2015-01-02 19:20:35| Apparel - Topix.net
The holidays were generous to two area CEOs whose compensation packages are among those just starting to become public in SEC filings. An early big winner is CEO Mark Mondello of St. Petersburg's Jabil Circuit, whose overall pay rose by more than a third in 2014 to $6.5 million, up from $4.7 million in 2013, his first year serving as the electronic manufacturing company's top executive.
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The Wall Street Journal: Graco agrees to buy high pressure equipment for $160 million
2015-01-02 17:38:56| Industrial Machines - Topix.net
Graco Inc. said Friday that it reached a deal to buy valve-maker High Pressure Equipment for $160 million as the pump and spray equipment producer looks to expand its offerings. The company also unveiled three other acquisitions Friday, with the four deals totaling about $185 million in cash purchase price.
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