May 9, 2003

34 and Counting

An article in today's Washington Post discusses the accounting fraud at U.S. Foodservice, the Columbia, MD subsidiary of Royal Ahold NV, and notes that 34 securities class actions have been filed. A hearing has been scheduled for May 29 in Santa Fe, N.M. to determine where the cases should be consolidated.

Posted by Lyle Roberts at May 9, 2003 4:48 PM | TrackBack
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