In SEC filings, A123 Systems raises 'substantial doubt on the Company's ability to continue'
One of the showcase companies of the green energy movement propped up by the federal stimulus questioned in recent filings with the Securities and Exchange Commission whether it can survive with its mounting debt and problems with defective batteries.
Yet, even with its struggles, its top executives were awarded sweetened severance packages that would give them an extra six-figures in payout if they lose their jobs.
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