SEC PROBES NASH FINCH

MINNEAPOLIS -- Nash Finch's accounting practices came under greater scrutiny last week as the Securities and Exchange Commission stepped up its investigation into the wholesaler's recording of vendor allowances. In addition, Nash Finch's outside accountants resigned after six months with the company.Observers said the moves could jeopardize Nash Finch's listing on the Nasdaq stock exchange, which

MINNEAPOLIS -- Nash Finch's accounting practices came under greater scrutiny last week as the Securities and Exchange Commission stepped up its investigation into the wholesaler's recording of vendor allowances. In addition, Nash Finch's outside accountants resigned after six months with the company.

Observers said the moves could jeopardize Nash Finch's listing on the Nasdaq stock exchange, which set deadlines of March 19 and March 28 for the company to file its third-quarter and ann

Register to view the full article

Already a member? .