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BUSINESS
June 13, 1995
System Controls Inc., a manufacturer of energy management systems, said it will suffer financial problems through 1996 and has postponed expansion plans in the wake of financial irregularities within one of its divisions. System Controls said an internal investigation has concluded that the Hogan Sales distributor division will have to restate its 1994 financial results and report losses for both 1994 and 1995.
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BUSINESS
June 13, 1995
System Controls Inc., a manufacturer of energy management systems, said it will suffer financial problems through 1996 and has postponed expansion plans in the wake of financial irregularities within one of its divisions. System Controls said an internal investigation has concluded that the Hogan Sales distributor division will have to restate its 1994 financial results and report losses for both 1994 and 1995.
NEWS
June 7, 1985 | RUDY ABRAMSON and RONALD J. OSTROW, Times Staff Writers
William Holden Bell was a vulnerable man. His 19-year-old son had died in an accident in 1975. His marriage had broken up a year later. He was bankrupt, saddled with heavy alimony payments, unhappy in his job and under investigation by the Internal Revenue Service. He was approaching 60. In 1977, trying to make a new start, he remarried. He also formed a close friendship with a young Polish national named Marian Zacharski, who was not a great deal older than Bell's dead son.
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