2 Former Exide Execs Sentenced for Scheme
From Associated Press
Two former top executives of Exide Technologies have been sentenced to prison for their scheme to sell defective batteries to Sears, Roebuck & Co. in the 1990s.
Former Exide President Douglas N. Pearson, 59, was sentenced to five years in prison and ordered to pay a $150,000 fine.
Former Chief Executive Arthur M. Hawkins, 60, was sentenced to 10 years in prison and must pay a $1-million fine.
