patching...
Welcome back, Patch Blogger!

Birdsall Services Group

Monday, April 15, 2013

Birdsall Reaches Settlement With Attorney General's Office

Criminal prosecution still pending against firm members

A settlement between Birdsall Services Group and State Division of Criminal Justice was reached on Monday afternoon for what was called a "civil forfeiture action," according to a press release from Attorney General Jeffrey S. Chiesa.  According to the settlement Birdsall will pay the state a total of $2.6 million including $2.5 million in forfeiture and $100,000 to cover the state's attorneys fees in the bankruptcy action. Most of the funding for the payment will come from "the cash surrender of certain 'key man' life insurance policies," from officers and former officers who are under indictment according to the release. The remainder will come from cash on hand. Birdsall will also set up a $1 million fund that will be used to pay up to …

Wednesday, April 3, 2013

Birdsall's Legal Issues Not Expected to Affect Howell Operations

Administration cites in-house staff and other options

While current and past executives of Birdsall Services Group face indictments on a variety of charges the administration of Howell Township said they have confidence in the current members of that company and the township in handling the day-to-day engineering needs of the township.  Township Manager Helene Schlegel said in addition to the services provided by Birdsall there is an in house staff and other engineering companies the township has contracts available for their services. "We don't see any impact on the township engineering services," she said. Mayor Bill Gotto said also believed the township could work through the current situations while continuing to serve the residents of the township. "Contrary to what some people think we …

Ken

11:16 am on Saturday, April 13, 2013

It isn't getting better !!! http://www.app.com/article/20130412/NJNEWS/304120119/Birdsall-for-sale?nclick_check=1   more ›

Tuesday, December 11, 2012

Former Executive of Engineering Firm Indicted in Pay-to-Play Scheme

Belmar man's indictment comes less than two weeks after another former executive of Birdsall Services Group pleaded guilty

A former executive of Birdsall Services Group, a Monmouth-based engineering firm, was indicted today, less than two weeks after another executive pleaded guilty for his role in a scheme to avoid the state's pay-to-play regulations. Thomas Rospos, 60, of Belmar was indicted after being accused of disguising illegal corporate political contributions as personal contributions by employees of the firm, according to a release from the Attorney General's Office. “Mr. Rospos allegedly conspired with others at Birdsall Services Group to circumvent New Jersey’s pay-to-play law through a fraudulent scheme in which extra bonuses were paid to employees to reimburse them for making unreported political contributions,” said Attorney General Jeffrey …

Claudine Scozzari

9:48 am on Saturday, March 30, 2013

Because the problems BSG were having going through M & A during due diligence weren't enough. When did cash flow become a problem?   more ›

Got a Hot Tip?

Patch Picks

 
 

Videos