|
Katun to pay record penalty; $11 million is most against Minnesota firm.(BUSINESS)
; ...Fiedler; Staff Writer Bloomington-based Katun Corp. agreed Tuesday to plead guilty in...refinery in 2002. Also Tuesday, former Katun CEO Terence Michael Clarke and two other...executives to have business steered toward Katun. The indictments also say the three men...
Read more
|
|
Katun to recoup $11 million; Deal reached with former executives.(BUSINESS)
; ...Terry Fiedler; Staff Writer Early last year, Katun Corp. vowed to recover from former executives...committed under their watch. Now, Bloomington-based Katun is close to doing that and then some. Katun's owners, Banc of America Capital Investors and...
Read more
|
|
Appeals panel backs Katun in dispute with former CEO; Judges overruled a decision that had dismissed the company's breach-of-contract suit against Terence Michael Clarke.(BUSINESS)
; ...Susan E. Peterson; Staff Writer Former Katun Corp. CEO Terence Michael Clarke may be...a 2006 lower-court decision dismissing Katun's breach-of-contract suit against Clarke. The case was sent back to district court. Katun is pleased with the appeals court decision...
Read more
|
|
Former Executives of Copier-Parts Giant Katun Indicted in Kickback Scheme.
; ...indicted two more former executives of Katun Corp., along with the company's co-founder...itself. The investigation widened after Katun's former chief executive and co-founder...in the state's history. Clarke, former Katun chief financial officer Kerry Baubie, 46...
Read more
|
|
Ex-Katun execs plead guilty; Three admit to fraud; ex-CEO to pay $1.5 million.(BUSINESS)
; ...Terry Fiedler; Staff Writer Three former Katun Corp. executives pleaded guilty to fraud...access to confidential pricing information. Katun, which makes copier parts, competes with...his claim to $750,000 held in escrow by Katun so the company can use the funds for restitution...
Read more
|
|
Ex-CEO in tax fraud case to pay $6 million; Used Katun funds he didn't report.(BUSINESS)
; ...Writer The former CEO of Bloomington-based Katun Corp. will pay more than $6 million in...Clarke, 58, who once threatened to move Katun from Minnesota over what he said was the...failing to report as income $3.4 million in Katun funds that he put to personal use. He also...
Read more
|
|
Katun's Clarke to pay $1.25 million more.(BUSINESS)
; Byline: Terry Fiedler; Staff Writer Former Katun Corp. CEO Terence Michael Clarke, who already...restitution. Meanwhile, the man who co-founded Katun 26 years ago with Clarke, David Jorgensen...charges stemmed from his activities at Katun, a Bloomington copier parts company. Clarke...
Read more
|
|
Katun Corp. CEO, 2 other senior execs resign jobs.(BUSINESS)
; Byline: Terry Fiedler; Staff Writer Katun Corp. CEO Larry Stroup resigned Wednesday...authorities are continuing to investigate Katun, the world's largest aftermarket supplier...generally unrelated to the investigation, Katun lawyer Chris Madel said Wednesday. Assistant...
Read more
|
|
Two Ex-Katun executives acquitted.(BUSINESS)
; ...Terry Fiedler; Staff Writer Two former Katun Corp. executives were acquitted Wednesday...ticketing scheme. Kerry Baubie of Apple Valley, Katun's ex-chief financial officer, and Raymond...prosecutors respected the jury's verdict. Katun co-founder David Jorgensen earlier pleaded...
Read more
|
|
Katun to pay $11 million penalty; Fines, restitution part of plea agreement on fraud charges.(BUSINESS)
; ...Fiedler; Staff Writer Bloomington-based Katun Corp. was found guilty of 12 counts of...to its St. Paul Park refinery in 2002. Katun lawyer Chris Madel had said earlier that...company under an escrow agreement made when Katun was sold in 2002. Katun is now owned by...
Read more
|
For more facts and information,
see all related premium articles