Exact(4)
It was sold in 1988 to JWP, a public company (and renamed WDF Inc .. Eric left for a few years and returned to the business he loved in the late 1990's.
Ms. Brooks later joined the board of JWP but left before December 1993, when the company collapsed in bankruptcy and litigation charging fraud in bookkeeping.
JWP later re-emerged as the Emcor Group.
A lawsuit by insurance companies seeking to recover $148 million from Ernst & Young, JWP's accounting firm, was recently reinstated by the United States Court of Appeals for the Second Circuit in New York.
Similar(1)
After he died in 1977, Ms. Brooks's brother, Andrew, took over the company, then called Jamaica Water Properties, and through rapid acquisitions built it into the nation's largest computer reseller, a multibillion-dollar public company renamed JWP Inc.
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