Exide Corp.

News & Analysis

exide corp. and sears roebuck & co. - All News and Analysis

• Former President of Princeton, N.J.-Based Exide Sentenced in Fraud Case.

  - 2002-12-23

  By Mike Fitzgerald, Belleville News-Democrat, Ill. Knight Ridder/Tribune Business News Dec. 23--EAST ST. LOUIS, Ill.--The former president of what was once the United States' biggest maker of car batteries was sentenced to more than five years in federal prison for his role...

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• Former Head of Battery Maker Exide to Appeal Conviction.

  - 2002-06-22

  By Mike Fitzgerald, Belleville News-Democrat, Ill. Knight Ridder/Tribune Business News Jun. 22--EAST ST. LOUIS, Ill.--After being convicted of fraud and conspiracy in a three-month-long jury trial, Arthur Hawkins, former president of battery maker Exide Corp., said Friday through his attorney that he...

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• Jury Finds Exide Ex-Executives Guilty of Conspiracy, Wire Fraud.

  - 2002-06-21

  By Michael Shaw, St. Louis Post-Dispatch Knight Ridder/Tribune Business News Jun. 21--Two former executives of battery maker Exide Corp. face maximum sentences of eight to nine years in prison after a jury in U.S. District Court in East St. Louis found them...

  Tags: Exide Corp., Sears Roebuck & Co.

• Trial against Three Former Exide Executives Begins in St. Louis.

  - 2002-03-21

  By Michael Shaw, St. Louis Post-Dispatch Knight Ridder/Tribune Business News Mar. 21--Lies, schemes, cover-ups and fraud made up the corporate culture at battery maker Exide Corp. in the mid-1990s, a federal prosecutor told jurors Wednesday at the start of a trial of...

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• Jury Selection Starts in Case against Battery Manufacturer Executives.

  - 2002-03-19

  By Beth Gansmann, Belleville News-Democrat, Ill. Knight Ridder/Tribune Business News Mar. 19--Jury selection began Monday in U.S. District Court in East St. Louis in the fraud and conspiracy case against three executives of the company that produced Sears' DieHard batteries. Arthur...

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• Glendale, Wis.-Based Auto Battery Manufacturer Settles Lawsuit with Rival.

  - 2002-02-21

  By Thomas Content, Milwaukee Journal Sentinel Knight Ridder/Tribune Business News Feb. 21--Exide Technologies said Wednesday that a lawsuit filed against the company by Glendale-based Johnson Controls has been settled. The suit, filed in federal court in Illinois, was withdrawn ...

  Tags: Exide Corp., Johnson Controls Inc., Sears Roebuck & Co.

• Sears Settles Civil Suit.

  - 2002-01-01

  Sears, Roebuck and Co. (3333 Beverly Rd., Hoffman Estates, IL 60179; Tel: 847/286-2500) has reached a civil settlement agreement with the U.S. Attorney for the Southern District of Illinois ending an investigation of the advertising of certain Sears automotive batteries in 1994 and 1995. "The investigation related to...

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• Exide on hot seat; Battery maker settles some fraud charges, but still embroiled in litigation with Sears.

  - 2001-04-09

  HOFFMAN ESTATES, Ill.--Exide Technologies is not off the hook yet. The battery manufacturer has reached a plea agreement with the U.S. Attorney for the Southern District of Illinois, ending an investigation of Exide's past dealings between its prior management and Sears, Roebuck and Co....

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• Reading, Pa.-Based Car Parts Firm Settles Suit with Sears, Admits Fraud.

  - 2001-03-25

  By Michael Shaw, St. Louis Post-Dispatch Knight Ridder/Tribune Business News Mar. 25--Exide Corp., the world's largest maker of car batteries, admitted Friday to knowingly selling defective batteries to Sears, Roebuck and Co., lying about their place of manufacture and bribing battery...

  Tags: Exide Corp., Exide Illinois, Sears Roebuck & Co.

• Exide Faces Indictment in Battery Scandal.(Brief Article)

  - 2001-01-17

  Exide Technologies recently announced that it will face indictment or a plea agreement with federal prosecutors after an investigation into the company's dealings as the former supplier of Sears DieHard batteries. Upon the announcement the company's stock fell $1.19 to close at $8.44 per share...

  Tags: Exide Corp., Sears Roebuck & Co.