Whole Foods Board Investigates Web Posts

AUSTIN, Texas — Whole Foods Market here yesterday said its board of directors has formed a special committee to conduct an independent investigation into online postings made on the financial message boards of Whole Foods and Wild Oats Markets.

AUSTIN, Texas — Whole Foods Market here yesterday said its board of directors has formed a special committee to conduct an independent investigation into online postings made on the financial message boards of Whole Foods and Wild Oats Markets. Last week the Securities & Exchange Commission said it had launched an informal investigation into messages posted by Whole Foods' chief executive officer, John Mackey, using a pseudonym. Mackey admitted to posting messages using the name "rahodeb"

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