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Top News Links: Friday, April 11

Alabama-made Acura MDX wins award

The Acura MDX, a luxury SUV produced at Honda's Talladega County factory, has been recognized with a national manufacturing award. – al.com

Zoe’s Kitchen valued at $276M in IPO

Zoe's Kitchen Inc. priced its initial public offering at $15 a share on Thursday, valuing the Mediterranean-style restaurant chain at about $276 million. The chain is based in Birmingham. – Reuters

New law extends statute of limitations

The director of the Alabama Securities Commission expects a new state law to make it easier to prosecute securities fraud cases that take years to emerge. The new law extends the statute of limitations for many crimes from three years to five years, including theft of property, extortion and bribery. – Insurance Journal

Sterne Agee to purchase WRP of Ohio

Sterne Agee Financial Services of Birmingham continues its acquisition growth activity, announcing its planned purchase of WRP Investments Inc. of Youngstown, Ohio. – al.com

Retailers want to keep Bentley, Ivey

One of the state's largest business groups, the Alabama Retail Association, has endorsed Gov. Robert Bentley and Lt. Gov. Kay Ivey for re-election. – Alabama's 13

Two new retailers opening at Summit

Two new retailers will open next month at The Summit shopping center in Birmingham, developer Bayer Properties said Thursday. Orvis specializes in high-end fly fishing, hunting and sporting goods. Athleta, a women's fitness fashion brand, also will open its first Alabama store in May. – al.com

Alabama Robotics Tech Park a hit

The national economic development website businessfacilities.com has just given the Alabama Robotics Technology Park near Calhoun Community College its "Achievement in Workforce Training" award. – al.com

Norment Security sold to Cornerstone

The Gores Group, a Los Angeles-based investment firm, announced Thursday the sale of Norment Security Group to Cornerstone Detention Products, a full service detention equipment contractor based in Alabama. – BusinessWire

Relatives of boat accident victim sue

Relatives of a University of Alabama student who drowned after falling from the Bama Belle riverboat during a 2012 sorority party have filed a wrongful death lawsuit. The Tuscaloosa News reports that Tre’ Jones family is seeking at least $10 million in damages. – ClaimsJournal.com

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