Ex-Foodservice Exec Asks Judge To Rethink Ruling

Law360, New York (May 11, 2009, 12:00 AM EDT) -- The former chief marketing officer of Royal Ahold NV unit U.S. Foodservice Inc. has asked a court to reconsider its decision to grant most of the U.S. Securities and Exchange Commission's bid for summary judgment in a case related to an alleged $700 million accounting scheme, despite the fact that the executive has been convicted on the same allegations.

In a motion filed Friday in the U.S. District Court for the District of Maryland, attorneys for Mark Kaiser said the SEC failed to proffer undisputed material...
To view the full article, register now.