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Federal judge orders Trinity Industries to pay $663.4M in fraud case
2015-06-10 04:13:04| Railroads - Topix.net
A federal judge in Marshall has ordered Dallas-based Trinity Industries to pay $683 million in a whistleblower case that accused the company of defrauding the U.S. government. "The company believes the evidence clearly shows that no fraud was committed," Trinity said in a statement Tuesday evening.
Supervalu CEO pay rises 40 percent
2015-06-10 03:41:25| Grocery - Topix.net
Supervalu Inc. paid Sam Duncan , its president and CEO, 40 percent more in fiscal 2015 than it did in the previous year, boosting his total compensation to $6.92 million, up from $4.95 million in 2014. Duncan, 63, has been CEO and president of the grocery wholesaler and retailer since February 2013 , when he took over for Wayne Sales , who had been CEO for just seven months.
Judge orders guardrail manufacturer pay $663 M in damages after whistleblower verdict
2015-06-10 01:01:54| Automakers - Topix.net
A federal judge has ordered the maker of a controversial guardrail end terminal to pay hundreds of millions of dollars in damages, fines and attorney fees. US District Court Judge Rodney Gilstrap entered the ruling in the whistleblower case against Trinity Industries after Trinity and the whistleblower, Joshua Harman, were unable to reach a settlement agreement.
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Maker of controversial guardrail ordered to pay $663 million
2015-06-10 00:10:11| Railroads - Topix.net
A federal court in eastern Texas has ordered the maker of a highway guardrail that was blamed for injuries and death to pay more than $663 million. A trial court issued a final judgment Tuesday against Trinity Industries Inc., the maker of the ET-Plus guardrail.
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Why You Should Pay Attention To These Small-Cap Picks of Billionaire Ray Dalio
2015-06-09 23:04:48| Semiconductors - Topix.net
Connecticut-based Bridgewater Associates is among the largest hedge funds in the world, with assets under management of $169 billion. Founded in 1973, Bridgewater and its founder, billionaire Ray Dalio , are well known for being a top performing firm and an industry innovator.
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