NEWS WATCH: SUPPLIERS FACE SEC ACTION IN FLEMING PROBE...WAL-MART GETS NOTICE OF GRAND JURY LABOR PROBE...SPARTAN LAYS OFF 70 HEADQUARTERS STAFFERS

SUPPLIERS FACE SEC ACTION IN FLEMING PROBEKraft Foods all said last week they were notified by the Securities and Exchange Commission of possible civil actions as part of an ongoing investigation into trade practices at Fleming Cos., Dallas. The notifications, which are similar, allege that Dean, also based in Dallas; Frito-Lay, Plano, Texas; and Kraft, Northfield, Ill., helped the food distributor

SUPPLIERS FACE SEC ACTION IN FLEMING PROBE

Kraft Foods all said last week they were notified by the Securities and Exchange Commission of possible civil actions as part of an ongoing investigation into trade practices at Fleming Cos., Dallas. The notifications, which are similar, allege that Dean, also based in Dallas; Frito-Lay, Plano, Texas; and Kraft, Northfield, Ill., helped the food distributor book revenues in the months prior to its filing for Chapter 11 bankruptcy protect

Register to view the full article

test - Advanced Registered User

Already a member? .

TAGS: Walmart