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Content Tagged As shaw_group

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  • Third man indicted for Shaw Group insider trading

    March 5, 2015 4:43 PM

    BATON ROUGE - A third man has been charged with insider trading ahead of the 2012 merger of The Shaw Group and Chicago Bridge and Iron Company. Billy Adcox, Jr., 44, of Ruston was indicted by a grand jury on Wednesday with conspiracy to commit securities fraud and securities... more »
  • Former Shaw exec pleads guilty to insider trading

    June 27, 2014 10:46 AM

    BATON ROUGE - The U. S. Attorney's Office announced Friday that former Shaw Group executive Scott David Zeringue pleaded guilty to insider trading for deals made before the company's merger with CB&I in 2012. Prosecutors said Zeringue, a vice president at Shaw's Plant Services Division, admitted in court that... more »
  • CB&I bringing 400 new jobs to Baton Rouge

    July 8, 2013 3:33 PM

    BATON ROUGE - CB&I, the company that bought the Baton Rouge-based Shaw Group, is expanding its presence in the capital city, moving 400 jobs there from out-of-state locations. The company and Gov. Bobby Jindal announced Monday that CB&I is centralizing a second of its four operating groups in Louisiana. Jindal... more »
  • 'Shaw' sign removed from iconic post near Essen/I-10

    February 13, 2013 2:28 PM

    BATON ROUGE- Crews began removing signs from the former Shaw compound on Essen Lane Wednesday, after a multi-billion dollar deal to purchase the business was closed. CB&I completed its acquisition after signing documents at the Secretary of State's Office earlier in the day. The move means the Capital City... more »
  • CB&I completes Shaw acquisition

    February 13, 2013 11:08 AM

    BATON ROUGE - CB&I completed its acquisition of The Shaw Group Inc. Wednesday, a move that means Baton Rouge will no longer be headquarters for a Fortune 500 company. CB&I and Shaw shareholders overwhelmingly approved the $3 billion deal in December. CB&I will operate Shaw as a separate business unit... more »
  • Shaw deal to be signed Wednesday Play Video

    February 12, 2013 10:41 PM

    BATON ROUGE- Wednesday morning, Shaw and CB&I will sign the dotted line and seal the deal on a multi-billion dollar purchase. CB&I is buying the area's only Fortune 500 company. Shaw employs around 4,000 people in Louisiana, a thousand work in Baton Rouge. "We have a commitment from... more »
  • La. congressman pushes Shaw CEO for energy job

    February 4, 2013 4:55 PM

    BATON ROUGE - A Louisiana congressman is urging President Barack Obama to choose Shaw Group CEO and founder Jim Bernhard as his new energy secretary. Bernhard told News 2 last week that he was being considered to fill the position being vacated by Stephen Chu. And U.S. Rep. Rodney... more »
  • Shaw Founder: "I am under consideration" for Energy Secretary Post

    February 1, 2013 2:00 PM

    BATON ROUGE - Shaw Group Founder Jim Bernhard told News 2 today he is up for consideration to replace Stephen Chu as the Secretary of the Department of Energy. He also said there are other names out there to become the country's next Secretary of Energy. Bernhard recently... more »

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