News

CT-based Otis Elevator agrees to pay $616K to resolve False Claims Act allegation in Tennessee
The allegations involved invoices for preventive maintenance services submitted to the Tennessee Valley Authority.
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Elevator company to pay $600k settlement after TVA billed for maintenance not done
An international elevator services firm will pay a more than $600,000 settlement over allegations that they invoiced the ...
Why do shareholders oppose executive pay at CT-based elevator-and-escalator firm Otis?
Opposition to the compensation of Otis Worldwide CEO Judy Marks raises questions about shareholders' concerns.
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Farmington-based Otis Elevator to pay $617K for false billing in Tennessee contract, officials say
An elevator company headquartered in town has agreed to pay the federal government hundreds of thousands of dollars to settle claims it was billing a Tennessee utility company for services it was not ...
CT-based elevator-and-escalator firm Otis Worldwide puts Bloomfield facility up for sale
Elevator-and-escalator firm Otis Worldwide has put its facility in Bloomfield up for sale, but the company appears likely to ...
Hotel files civil lawsuit against elevator company over fire
A Wilkes-Barre hotel and its insurance carrier filed a three count civil lawsuit against an elevator company alleging negligence in repairing the hotel's elevator that caught fire causing more than ...
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OTIS ELEVATOR COMPANY
The OTIS ELEVATOR COMPANY can trace its origins to 1853, when Elisha Graves Otis introduced the first safety passenger elevator at the Crystal Palace Convention in New York City. His invention ...