NEWS WATCH: SAFEWAY SETTLES 2003 SHAREHOLDER LAWSUIT... KROGER SETS 2005 EXECUTIVE BONUS TARGETS... STUDY SAYS U.S. DISCOUNTERS HAVE ROOM TO GROW...

SAFEWAY SETTLES 2003 SHAREHOLDER LAWSUITaid last week it has agreed to a settlement of a 2003 lawsuit that charged chain officials and directors with concealing information about the company's poor performance in some divisions to enable those individuals to sell shares of Safeway stock at inflated prices. The company said it has agreed to implement certain corporate governance enhancements, while

SAFEWAY SETTLES 2003 SHAREHOLDER LAWSUIT

aid last week it has agreed to a settlement of a 2003 lawsuit that charged chain officials and directors with concealing information about the company's poor performance in some divisions to enable those individuals to sell shares of Safeway stock at inflated prices. The company said it has agreed to implement certain corporate governance enhancements, while the shareholders who filed the complaint agreed to dismiss all claims with prejudi

Register to view the full article

Already a member? .

TAGS: Kroger Walmart