Redflex red light cameras and speed camera deployments have dropped by half as municipalities reject automated enforcement. Only a few years ago, Redflex Traffic Systems was at the top of its game. Stock analysts saw unlimited growth potential in the Australian firm that once operated more red light cameras and speed cameras in the United States than anyone else. Redflex was so confident about its bright future that it rebuffed Macquarie Bank's 2011 buyout offer at $2.75 a share. Today, Redflex trades at 24 cents per share, a top executive has been found guilty on federal corruption charges and the...