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Tagged: mamtek

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Politics
5:24 pm
Thu May 16, 2013

Koster wants to track ex-Mamtek CEO with GPS

Credit Brian Turner / Flickr

Missouri prosecutors want a judge to let them keep closer tabs on the former head of a failed artificial sweetener plant in Moberly.

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5:17 pm
Fri April 26, 2013

Moberly Monitor-Index: City of Moberly dropped from Mamtek case

Lead in text: 
Earlier this week, KBIA told you the City of Moberly has paid at least $677,000 in court fees since the Mamtek sucralose factory failed in 2010, including at least $60,000 in fees so far in April. Today, the Moberly Monitor-Index is reporting the city and its development authority have both been dismissed from a case being brought against them by Mamtek bondholders.
The MMI has just been informed that the City of Moberly and the Industrial Development Authority for the City have been dismissed from the court litigation brought by certain Mamtek bondholders, by Judge Patricia S. Joyce.Joyce granted the City and IDA's Motion for Dismissal late Thursday,
Politics
5:41 pm
Thu April 25, 2013

Moberly, Mo., takes costly financial hit this month due to Mamtek

Moberly has taken close to a sixty thousand dollar hit this month because of Mamtek, the failed artificial sweetener plant.  

Throughout April, the city has spent that sum in legal fees due to the Mamtek fiasco.

These legal costs include attorneys’ fees that Moberly is paying in their fight against Mamtek in court.

The spent funds will take away from money that could have gone toward other departments in the city, such as the police and fire departments. That’s according to City Director of Finance Greg Hodge.

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Business
8:07 am
Fri April 5, 2013

Kander announces legal action over Mamtek failure

Credit (Mo. Sec. Of State website)

Originally published on Fri April 5, 2013 12:04 pm

Missouri Secretary of State Jason Kander is taking action against a financial management company connected to the failed Mamtek artificial sweetener plant in mid-Missouri.

In his role as Secretary of State Jason Kander also serves as Missouri’s chief securities regulator.

He’s accusing Morgan Keegan, a Memphis-based firm of helping defraud Missourians based on a list of falsehoods, including the claim the Mamtek held several production patents.  

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