First Brands Founder Patrick James Indicted by US Prosecutors

First Brands Group founder Patrick James and his brother Edward, a former executive at the company, were indicted by federal prosecutors in New York following the collapse of the bankrupt...

By Chris Dolmetsch, David Voreacos · Bloomberg Markets

First Brands Group founder Patrick James and his brother Edward, a former executive at the company, were indicted by federal prosecutors in New York following the collapse of the bankrupt auto-parts maker last year.