The bankrupt auto-parts supplier has been unable to shore up additional liquidity it needs before cash runs out in days.
CLEVELAND, Ohio — The meteoric rise of Cleveland-based First Brands to one of the largest replacement auto parts sellers in the world was based on fraud, federal prosecutors said on Thursday. First ...
Patrick James, the former CEO of bankrupt auto parts supplier First Brands Group, was indicted on federal fraud charges and arrested Thursday in Ohio with his brother Edward, a former senior executive ...
The James brothers face charges of conspiracy to commit money laundering, bank fraud and wire fraud.
When most investors decide that they want to invest in the automotive industry, they start purchasing stocks from Ford Motor Company (NYSE: F), Mitsubishi (TYO: MSBHY), Nissan (NASDAQ: NSANY) or ...
Once more in 2026, all NASCAR O\"Reilly Auto Parts Series practices, qualifying sessions and 33 series races can be found exclusively on The CW Network. No other network partner will broadcast the ...
You might be a keen home mechanic, but even some professional technicians don't know what some of these car parts are or ...
An Arlington facility for brake parts brand Cardone has been caught in the wreckage as a dramatic bankruptcy and criminal ...
Advance Auto Parts, Inc. engages in the provision of automotive aftermarket parts in the United States and internationally. The company offers batteries and battery accessories; belts and hoses; ...
Former executives of First Brands, including a man from Stark County, are accused of defrauding lenders out of billions.
About Advance Auto Parts Inc. Advance Auto Parts, Inc. engages in the supply and distribution of aftermarket automotive products for both professional installers and do-it-yourself customers. It ...