EX-ROUNDY'S EXECUTIVE CHARGED WITH FRAUD

PEWAUKEE, Wis. -- Roundy's here said last week its former director of taxes has been arrested and charged with mail fraud and money laundering.The company said David D. Zurcher is accused of embezzling $1.7 million over the past nine years. It also said there will be no impact on Roundy's financial statements or any tax liabilities.Gerald A. Lestina, president and chief executive officer, told SN

PEWAUKEE, Wis. -- Roundy's here said last week its former director of taxes has been arrested and charged with mail fraud and money laundering.

The company said David D. Zurcher is accused of embezzling $1.7 million over the past nine years. It also said there will be no impact on Roundy's financial statements or any tax liabilities.

Gerald A. Lestina, president and chief executive officer, told SN he could not comment on the matter, explaining the company's executives are und

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