Pompano Beach

Pompano Beach News

  • Ex-DHB COO Gets Seven Years for $190 Million Fraud

    Sandra Hatfield, the former chief operating officer of a body armor firm formerly known as DHB Industries Inc., was sentenced to seven years in prison in a $190 million fraud and insider-trading scheme, the U.S. said.

  • Barclays Investors’ Rate-Rigging Suit Revived on Appeal

    Barclays Plc must face a lawsuit by investors who accused the U.K. bank of misleading them about its manipulation of the benchmark London interbank offered rate, a U.S. appeals court ruled.

  • Worsening U.S. Divorce Rate Points to Improving Economy

    Hard economic times had kept Amy Derose and her husband Lawrence locked in an unhappy marriage for the sake of their engineering firm in Pompano Beach, Florida.

  • Synovus Reaches $11.8 Million Accord Over Sea Island

    Synovus Financial Corp. investors, led by two pension funds, reached an $11.8 million settlement of a lawsuit against the bank over more than $200 million in soured loans to the Georgia luxury resort Sea Island Co., according to a court filing.

  • Trico, Vitro, Madoff, WaMu, Old GM, OTB: Bankruptcy

    Trico Marine Services Inc. , a provider of support vessels for the offshore oil and natural-gas industry, filed a motion on Dec. 6 seeking approval of a settlement with holders of high-yield secured notes issued by operating companies not in bankruptcy.

  • Vitro, Satmex, Nortel, Workflow, Lehman: Bankruptcy

    Vitro SAB , Mexico’s largest glassmaker, agreed to dismiss the Chapter 15 petition it filed in New York in mid-December, according to a document submitted yesterday to the U.S. Bankruptcy Court in Fort Worth, Texas, where bondholders filed involuntary Chapter 11 petitions a month earlier against Vitro’s U.S. subsidiaries.

  • Tribune, Wolverine, Lehman, Downey: Bankruptcy

    Three more reorganization plans for publisher Tribune Co. were filed on the Oct. 29 deadline.

  • American Safety Razor, Lehman, Innkeepers, AbitibiBowater: Bankruptcy

    American Safety Razor Co. , the fourth-largest maker of wet-shaving blades, filed a Chapter 11 petition yesterday where the company will be sold to first-lien lenders in exchange for debt unless second-lien creditors make arrangements to pay off the senior creditors within seven weeks.

  • Philly Papers, Lehman, Tribune, Abitibi: Bankruptcy

    Philadelphia Newspapers LLC is aiming to put the company up for auction again next week after the Teamsters union blocked a court-approved sale of the publisher of the Philadelphia Inquirer and Philadelphia Daily News to secured lenders.

  • Loehmann’s, Lehman, Vitro, Dreier, Trico: Bankruptcy

    Discount retailer Loehmann’s Inc. received approval from the bankruptcy court for a commitment agreement allowing its reorganization plan to be partly financed with a new $25 million investment from current owner Istithmar World PJSC and Whippoorwill Associates Inc.

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