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Last updated on April 16, 2014 at 10:44 EDT

Latest Corporate crime Stories

2014-03-06 12:32:31

Tyco Board Declares Quarterly Dividend Payment NEUHAUSEN, Switzerland, March 6, 2014 /PRNewswire/ -- Tyco International Ltd. (NYSE: TYC) announced today that its shareholders approved all proposals presented at the Company's Annual General Meeting held on March 5, 2014, including the election of all director nominees. Shareholders also approved an annual dividend of $0.72 per share, representing an approximate 13% increase over the current dividend of $0.64. Payment of the dividend...

2014-03-06 12:22:07

CALGARY, March 6, 2014 /CNW/ - FirstEnergy Capital Corp. of Calgary is pleased to announce the appointment of John Chambers to Chief Executive Officer. FirstEnergy's current Chairman and C.E.O., Jim W. Davidson, will assume the title of Executive Chairman of FirstEnergy Capital. The strong business fundamentals and principles that FirstEnergy was built upon will remain in place. Mr. Davidson will remain actively engaged in all aspects of the business and will focus his efforts...

2014-03-05 12:22:11

WASHINGTON, March 5, 2014 /PRNewswire/ -- The Edison Electric Institute (EEI) today awarded FirstEnergy Corp. (NYSE: FE) with the association's "Emergency Recovery Award" and "Emergency Assistance Award" for its outstanding power restoration efforts on behalf of its Toledo Edison customers and for assisting DTE Energy after a widespread severe weather outbreak in Michigan in November 2013. The awards are presented annually to EEI member companies to recognize their...

2014-03-05 00:21:04

BRIDGEWATER, N.J., March 4, 2014 /PRNewswire/ -- CorMedix Inc. (NYSE MKT: CRMD), a pharmaceutical company focused on developing and commercializing therapeutic products for the prevention and treatment of cardiorenal and infectious disease, announced today that it entered into agreements with investors for a registered direct offering of 2.96 million units at the price of $2.50 per unit resulting in gross proceeds to the Company of $7.4 million. Each unit consists of one share of...

2014-03-04 16:22:14

AKRON, Ohio, March 4, 2014 /PRNewswire/ -- FirstEnergy's utilities are making it easier for customers to check the progress of service restoration efforts when they experience a power outage. The company's 24/7 Power Center outage maps now display the status of crews restoring service after a power outage in the Cleveland Electric Illuminating Company, Ohio Edison, Toledo Edison, Met-Ed, Penelec, Penn Power, West Penn Power, Jersey Central Power & Light, Mon Power and Potomac...

2014-03-03 23:01:36

The Firm is investigating Lipitor lawsuits on behalf of individuals who allegedly developed new-onset Type 2 diabetes due to their use of Lipitor. New York, New York (PRWEB) March 03, 2014 As Lipitor lawsuits (http://www.thelipitorlawsuit.com/ ) alleging use of the popular cholesterol-lowering medication continue to move forward in federal court, Bernstein Liebhard LLP notes that Pfizer, Inc. recently launched a clinical trial of an over-the-counter (OTC) version of Lipitor. According to...

2014-03-03 08:24:32

AKRON, Ohio, March 3, 2014 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) announced today that it will post the updated investor FactBook with information for the year ended December 31, 2013, to the investor information section of its website before markets open today. The FactBook, which includes company financial and operational data, will be available online at www.firstenergycorp.com/ir. FirstEnergy is a diversified energy company dedicated to safety, reliability and...

2014-02-28 12:23:37

Residents May See Small Helicopters Hovering Over Electrical Equipment TOLEDO, Ohio, Feb. 28, 2014 /PRNewswire/ -- Toledo Edison, a subsidiary of FirstEnergy Corp. (NYSE: FE), will use helicopter patrols to conduct transmission line inspections throughout its service territory beginning in early March as part of its ongoing program to improve service reliability. As part of the inspection process, residents may see a small, dark-colored helicopter with gold numbers hovering at low...

2014-02-28 12:23:34

MORRISTOWN, N.J., Feb. 28, 2014 /PRNewswire/ -- Jersey Central Power & Light (JCP&L) will be using helicopter patrols beginning March 3, 2014, to conduct transmission line inspections throughout its northern and central New Jersey service areas. "Completing these routine inspections via helicopter is an effective way to assure our high voltage system remains reliable," said Anthony Hurley, vice president, Operations, JCP&L. "The helicopter can provide workers with a...

2014-02-28 12:23:32

FAIRMONT, W.Va., Feb. 28, 2014 /PRNewswire/ -- With near-record snowfall and continuing low temperatures across the region this winter, Mon Power and Potomac Edison, FirstEnergy's (NYSE: FE) utilities in Maryland and West Virginia, remind customers of steps they can take to manage energy bills that may climb as cold weather lingers. Across the area, deep snow has limited access to electric meters. Customers are encouraged to clear a path and free gates or other obstructions that might...