Point Blank Solutions Inc., who claims to be the leading manufacturer of body armor, filed for bankruptcy protection on April 14, 2010. Citing Court filings, Reuters reports that the Florida-based (Pompano Beach) company “supplies more than 80 percent of the U.S. military’s soft body armor vest requirements . . .”
Claiming mounting legal bills in the trial of former CEO David Brooks – currently on trial in New York for securities fraud and other related crimes – Point Blank Inc. and three affiliates ...
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