Mace makes progress

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06/14/2011

Mace Security International, which has had its share of distractions as it works to become a pure-play security company, has reached a court agreement to settle one of those headaches. 

In addition to owning wholesale monitoring companies CSSS and The Command Center, and being a manufacturer of security prodcuts, Mace Security International is the owner of Mace Personal Defense (producers of the Mace spray.)  Late in 2010, the U.S. Attorney for Vermont conducted an investigation into the personal defense spray business regarding alleged violations concerning the storage of hazardous waste from 1998 to 2008 at the personal defense spray headquarters in Bennington, Vermont.

One June 2, Mace announced that the Federal District Court for Vermont accepted the guilty plea of Mace Personal Defense, Inc., (producers of Mace spray) to one felony charge of storing hazardous waste at its Bennington, VT facility and to pay a fine of $100,000.

In a prepared statement, Dennis Raefield, Mace’s CEO and president said:  “Our Board of Directors and I are satisfied with the resolution of the environmental charges that related back to 1998 through 2008. At no time was there any leak or risk to the public, and the site has been fully remediated with new environmental safety policies and procedures put into place.”

From the press release: "On November 16, 2010, the U.S. Attorney filed a one count indictment charging Mace Security International, Inc. and Jon Goodrich with a felony of storing hazardous waste without a permit under 42 U.S.C. Section 6928(d)(2)(A). Mr. Goodrich is the President of Mace Personal Defense, Inc., the Company's defense spray division located in Bennington, Vermont. The Company resolved the indictment brought against it through a Plea Agreement entered into between Mace Personal Defense, Inc. and the U.S. Attorney. On May 26, 2011, the Court accepted the Plea Agreement and the guilty plea of Mace Personal Defense, Inc., to one count of violating 42 U.S.C. § 6928(d)(2)(A) (Storage of Hazardous Waste Without a Permit). The Court also imposed a fine of $100,000 (the "Fine") and a court assessment of $400 against Mace Personal Defense, Inc; $34,000 of the Fine was paid on May 26, 2011, and two additional installments of $33,000 each, are due on July 4, 2011 and January 4, 2012. The Company guaranteed the payment of the Fine. The United States dismissed the indictment that was brought against the Company and agreed not to prosecute Mace Personal Defense, Inc. (excluding the charge to which Mace Personal Defense, Inc pled guilty ) or the Company for any criminal offenses known to the United States Attorney's Office of Vermont as of the date of signing of the Plea Agreement committed by the Company or Mace Personal Defense, Inc. in the District of Vermont relative to the storage, shipment, handling or disposal of hazardous waste, including any associated record keeping or reporting offenses. Mace Personal Defense, Inc was placed on probation until the Fine is paid in full. The charges against Mr. Goodrich are still pending and are being defended by Mr. Goodrich."