National Steel Car http://apr.org en Canadian Exec Free On Bond In Alabama Case http://apr.org/post/canadian-exec-free-bond-alabama-case <p></p><p>A Canadian executive is free on bond in Alabama, and his attorney predicts the case will be resolved positively once all the facts are provided.</p><p>Gregory Aziz, the chairman and CEO of National Steel Car Ltd. of Hamilton, Ontario, was released by a Colbert County judge on $1 million bond Thursday. Aziz posted $250,000 in cash and will forfeit the remainder if he fails to appear in court.</p> Fri, 22 Nov 2013 22:05:51 +0000 The Associated Press 42094 at http://apr.org Canadian Exec Free On Bond In Alabama Case National Steel Car Chairman Indicted In Alabama http://apr.org/post/national-steel-car-chairman-indicted-alabama <p>An Alabama grand jury has indicted the chairman of National Steel Car on securities fraud charges.</p><p>The indictment made public Friday accuses Gregory Aziz of Hamilton, Canada, of misleading officials with Alabama's state pension program to get financing for a rail car manufacturing plant that was never finished in northwest Alabama. The 10-count indictment claims Aziz misled officials about how much the plant would cost.</p><p>Aziz's attorney, Joe Espy, says they are reviewing the charges and hopeful that they can be resolved.</p> Fri, 15 Nov 2013 22:28:35 +0000 The Associated Press 41677 at http://apr.org National Steel Car Chairman Indicted In Alabama