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Formosa, plaintiffs await judge's ruling on $22.5M settlement


November 4, 2013 7:10 pm ET

Formosa Plastics Corp. USA (FPC-USA) and scores of government entities that allege they were sold defective PVC pipes for sewer systems from 1996-2005 have agreed to a $22.5 million settlement in a whistle-blower lawsuit.

FTC cracks down on biodegradability claims


October 30, 2013 10:31 pm ET

The U.S. Federal Trade Commission has taken aim at five plastics companies, alleging they used false or misleading claims of biodegradability. But one of those companies plans to fight the charges, saying it will win in the long run.

Filos pleads innocent, released on bond


October 25, 2013 1:52 pm ET

Christopher Filos, charged in connection with allegedly not paying more than $260,000 in state and local taxes withheld from employees of the shuttered HPM plant in Mount Gilead, Ohio, made two court appearances in Morrow County Common Pleas Court.

Workers bring overtime suit against Ohio molder


October 17, 2013 3:43 pm ET

An Ohio automotive injection molder faces a lawsuit launched by two employees who allege workers are owed wages for time taken by mandatory meetings. The molder denies the allegations but has begun to audit its payroll practices.

Takata to pay $71.3 million, plead guilty in seatbelt price-fixing scheme


October 11, 2013 1:10 pm ET

Takata Corp. expects to pay a $71.3 million fine and plead guilty to a criminal charge filed this week in Detroit of colluding with other automotive suppliers to set the prices of seatbelts for at least eight years.

Court rejects appeal of Marin County, Calif., bag ban


October 3, 2013 2:32 pm ET

The California Supreme Court denied a petition to review an appeal against a plastic bag ban in Marin County.

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Christopher Filos arrested, faces extradition to Ohio


October 2, 2013 1:14 pm ET

Christopher Filos, former owner of the closed-down HPM machinery company, was arrested at the Newark, N.J., airport by U.S. Marshals and faces extradition to Mount Gilead, Ohio, for charges of aggravated theft, failure to remit state income tax...

Shades of Kramer? Six charged with defrauding California recycling fund


October 1, 2013 3:46 pm ET

It’s a story straight out of “Seinfeld,” but officials in California are not laughing.

Former employees suing Fortis, Monomoy


September 27, 2013 3:12 pm ET

SOUTH BEND, IND. — Former workers at injection molder Fortis Plastics LLC are suing the company and its private equity owner, claiming the companies did not comply with a federal law that requires 60 days’ notice before a mass layoff or plant closing.

Safety syringe maker wins $113 million judgment


September 25, 2013 4:08 pm ET

A jury awarded Retractable Technologies Inc. more than $113 million after it determined a competitor attempted to obtain a monopoly in the plastic safety syringe market.

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