Fergie's Tech Blog

More Trouble for U.S. Bulletproof Vest Maker

Maddy Sauer reports on ABC News' "The Blotter":

A bulletproof vest manufacturer, which has a history of allegations of ineffectiveness and recalls, was dealt yet another blow last week when two of the company's former executives were indicted on securities fraud and insider trading charges. This after a class action lawsuit over similar allegations forced the chief executive to resign.

DHB Industries, along with its founder and former CEO David Brooks, has a rocky history of controversy and complaints over its bulletproof vests which it sells to the U.S. military and law enforcement agencies across the country.

posted by Fergie @ 8/23/2006 03:06:00 PM