Former RBS Securities executive to serve one year for embezzlement

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James Glover, of West Harrison, N.Y. was sentenced Thursday to serve one year and a day in prison for embezzling nearly $625,000 from a former employer. Glover paid the money back in full before pleading guilty in June to the crime. The U.S. District Attorney once again declined to name the company and accuser in […] [Read More]
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Kaman buys assets of Mass.-based motion control distributor

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Bloomfield-based Kaman Corp. said Monday its subsidiary Kaman Industrial Technologies Corp. acquired the assets of Target Electronic Supply Inc. of Westwood, Mass. The  value of the deal was not announced, cut Kaman expects Target to have sales of about $19 million next year. Target, a leading motion control distributor in the New England has 17 […] [Read More]
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Irene gives some federal tax payers more time

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The Internal Revenue Service announced it is granting taxpayers whose preparers were affected by Hurricane Irene until Sept. 22 to file returns normally due Sept. 15. The taxpayer’s preparer must be located in an area that was under an evacuation order or a severe weather warning because of Hurricane Irene, even if the preparer is […] [Read More]
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