New Hampshire Business Review - July 6 2007

Former Cabletron CEO responds to SEC complaint

Charges that former Cabletron Systems Chief Executive Officer Piyush Patel engaged in securities fraud while splitting up the former Rochester-based company are not specific enough and should be dismissed, according to Patel’s attorneys in a motion filed Friday in U.S.…

N.H. Thrift Bancshares income falls

Net income for New Hampshire Thrift Bancshares Inc., holding company for Lake Sunapee Bank, fell 24 percent for the second quarter of 2007, the company reported Monday. The company said consolidated net income was $2.1 million. or 48 cents per…