The court’s order awards the SEC $170,630 in disgorgement, or legally mandated repayment of ill-gotten gains, plus interest on that amount. | Jer123/Shutterstock
The U.S. Securities and Exchange Commission has prevailed in its case against a former e-scrap executive, after the defendant failed to respond to the lawsuit.
A photo from consulting firm AECOM shows a view inside of 1655 Watkins Road in 2015, when Closed Loop still operated in the space.
Some of the world’s largest electronics manufacturers are now being sued over Closed Loop Refining and Recovery’s Ohio CRT stockpiles.
Since March 2019, 24 defendants have reached settlements, agreeing to help pay for cleanups. | Baimieng/Shutterstock
A federal judge has approved nine settlement agreements in the legal battle over CRT cleanup costs in Columbus, Ohio.
Morgan Stanley says it has not detected unauthorized use of personal information related to the recent data security incidents. | Chim/Shutterstock
Financial institution Morgan Stanley recently told customers an ITAD vendor’s mistakes may have left personal information susceptible to misuse. Multiple clients have filed suit against the investment firm.
An overview of the abandoned material at the former Closed Loop facility on Fairwood Avenue in Columbus, Ohio. | Courtesy of DEC Enviro
Consultants estimate that recycling 30 million pounds of CRT glass at an Ohio warehouse would add $1.7 million to a $5 million cleanup bill, so they’re proposing to landfill the glass instead.
A former Wisconsin state senator has filed a lawsuit against former e-scrap executives. | dream79/Shutterstock
Shuttered e-scrap company 5R Processors has been at the center of a stockpiling saga. Now, a former state senator in Wisconsin says executives from the company duped him into backing the firm in 2013.
Former e-scrap executive Robert Boston remains in prison in Beaver, W.Va. with an April 8, 2027 release date. | New Africa/Shutterstock
A federal appeals court has upheld a 10-year prison sentence for Robert M. Boston, who led the now-closed e-scrap startup Zloop before he was convicted of financial crimes.
A photo from consulting firm AECOM shows a view inside of 1655 Watkins Road in 2015, when Closed Loop still operated in the space.
E-scrap company Novotec will be paid up to $14 million to recycle or dispose of over 128 million pounds of CRT materials at former Closed Loop Refining and Recovery warehouses in Ohio, newly released documents show.
Charging documents state that as of November 2016, 5R Processors had accumulated and stored over 8 million pounds of leaded CRT glass across multiple sites. | Valery Evlakhov/Shutterstock
Leaders of a Wisconsin e-scrap processor last month were charged with violating federal regulations covering the storage and transportation of CRT glass. The defendants signed plea deals in the case.
American Retroworks shipped over 2.5 million pounds to Closed Loop between May 2012 and January 2014, halting shipments before most of the other defendants did. | mojo cp/Shutterstock
Another e-scrap processor that sent CRT glass to Closed Loop Refining and Recovery has agreed to settle its legal fight with landlords.