In thefts, roofer
must pay $137,100
A Pulaski County circuit judge ordered a defunct Fayetteville roofing company to pay more than $137,000 over allegations that it took money from 19 Northwest Arkansas homeowners and failed to make repairs, the Arkansas attorney general’s office said Tuesday.
Pulaski County Circuit Judge James Moody ordered Shawn Redmond, who owned Razorfast Roofing - and before that Razorback Roofing - to pay about $109,000 in fines and costs to the state and $28,100 in restitution to homeowners. Redmond was accused of violating the Arkansas Deceptive Trade Practices Act and the Arkansas Home Solicitation Sales Act.
Last year, Redmond was found guilty in Washington County Circuit Court on multiple counts of theft by deception.
An attempt to reach Redmond for comment was unsuccessful.
-David SmithState gets $115,000 in Google settlement
Arkansas will receive almost $115,000 as part of a $7 million multistate settlement with Google, the state attorney general’s office said Tuesday.
The settlement was the culmination of a two-year investigation by 38 states.
Google was accused of intercepting e-mails, passwords and other sensitive information sent several years ago over unprotected wireless networks throughout the world. The data were collected while Google was taking photographs for its Street View service.
Google did not admit to any wrongdoing in the settlement.
-David SmithArkansas Index gains
0.16; up to 267.62
The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, gained 0.16 to 267.62 Tuesday.
“The major market averages were mixed as blue chips stocks managed to bring in an eighth-straight advance while weakness in technology issues dragged down the Nasdaq,” said Bob Williams, senior vice president and managing director of Delta Trust Investments Inc. in Little Rock. “Overall volume was very light in the Arkansas equities and trading indicated a softening trend reflected by an advancedecline ratio of three to five.”
Trucking stocks remained at the extremes with J.B. Hunt Transport Services having the highest gain of 1.8 percent while P.A.M.
Transportation Services had the greatest loss of 4.7 percent, Williams said.
Home BancShares saw a volume spike after Stephens Inc. raised its rating to buy from neutral.
The index was developed by Bloomberg News and the Arkansas Democrat-Gazette with a base value of 100 as of Dec. 30, 1997.
Business, Pages 29 on 03/13/2013