2 Former Exide Execs Sentenced for Scheme
- Share via
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.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
