July 17, 2015 |
The chief operating officer of Philadelphia Energy Solutions Inc. resigned quietly in April, only 13 months after he was brought in to run the sprawling former Sunoco refinery in South Philadelphia, a filing with the U.S. Securities and Exchange Commission reveals. The company did not disclose in the filing this month the reason for David M. Ritter's termination as executive vice president. Ritter, in a telephone interview Wednesday, said he resigned for "personal reasons. " Chief executive officer Philip L. Rinaldi said Ritter departed on "friendly terms.
September 1, 2012 |
Thirty-six states and the District of Columbia will share in $181 million that Johnson & Johnson has agreed to pay to resolve allegations of inappropriate marketing of the antipsychotic drug Risperdal. Pennsylvania, New Jersey, and Delaware are among the states that filed similar complaints in their own courts Thursday and will get $8.4 million, $5.3 million, and $4.2 million, respectively. New York will get $9 million. Johnson & Johnson has headquarters in New Brunswick, N.J.; its Janssen Pharmaceuticals subsidiary, which makes Risperdal, is based in Titusville.
May 23, 2012 |
Testosterone gel is in a group of drugs often spoken of euphemistically. But the numbers for companies making the product for men are clear and direct, which is why Auxilium Pharmaceuticals Inc., of Malvern, and GlaxoSmithKline announced a deal Monday to try to sell more of Testim, Auxilium's prescription form of the gel. IMS Health, a health-care information and services company, said that from 2006 through the end of 2011, prescriptions written...
March 14, 2012
What's said at AA should stay at AA - especially when it's about a public company merger that hasn't yet been announced, says the Securities and Exchange Commission. Lawyers in the Philadelphia SEC office filed civil insider-trading charges Tuesday against two Plymouth Meeting financial advisers, alleging that they and friends and family members illegally collected $1.8 million in "illicit" insider-trading profits on the 2008 sale of Philadelphia Consolidated Holdings Corp. to Tokio Marine Holdings, of Japan, after an executive of the Bala Cynwyd-based insurer shared confidential news of the merger talks with a broker following an Alcoholics Anonymous meeting.
February 6, 2012
Securities trades recently reported to the Securities and Exchange Commission by officers, directors, and principal shareholders of corporations based or having sizable employment in the Philadelphia area. Titles are as reported to the SEC. Ametek Inc. Timothy N. Jones , officer, sold 71,969 shares at $47.50 Feb. 1 and now directly holds 75,943 shares. John J. Molinelli , chief financial officer, sold 41,805 shares at $47.10 Jan. 31 and now directly holds 502,781 shares.