Comprehensive Responds to Indictments of Former Chief Operating Officer and Former Special Securities Counsel.WEST BABYLON, NY--(BUSINESS WIRE)--Oct. 8, 1996--Comprehensive Environmental Systems (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : COEV) today announced that the Company has recently learned of indictments against Leo Leo, in astronomy Leo [Lat.,=the lion], northern constellation lying S of Ursa Major and on the ecliptic (apparent path of the sun through the heavens) between Cancer and Virgo; it is one of the constellations of the zodiac. Mangan and James Nearen who were, until September Until September is a 1984 romantic drama set in France. It stars Karen Allen as an American tourist in Paris who falls in love with a married Frenchman (Thierry Lhermitte). External links 12, 1996, a director and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of the company and a director and special securities council to the company, respectively. The indictments relate to alleged securities fraud and stock manipulation involving two companies, one of which is Comprehensive Environmental Systems. Michael O'Reilly stated that, "The Company was shocked by the news of the indictments. Present management had no prior knowledge of the underlying facts upon which these charges are based." He added that, "The Company is investigating these allegations and is reviewing with counsel the legal options it may have against Mangan and Nearen as a result of the indictments." Comprehensive Environmental Systems, Inc., through its subsidiary Trade-Winds Environmental Restoration Inc., is a leading environmental company that offers a broad range of services through vertically integrated businesses in the areas of hazardous waste Hazardous waste Any solid, liquid, or gaseous waste materials that, if improperly managed or disposed of, may pose substantial hazards to human health and the environment. Every industrial country in the world has had problems with managing hazardous wastes. remediation, asbestos removal and lead clean up. CONTACT: Comprehensive Environmental Systems, Inc. Michael O' Reilly 516/755-4000 |
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