3rd Circ. Vacates Sentence For Ex-Rite Aid Exec

Law360, New York (February 25, 2010, 6:18 PM EST) -- The U.S. Court of Appeals for the Third Circuit has vacated a 10-year accounting fraud sentence for former Rite Aid Corp. executive Franklin Brown, sending the case back to a lower court to determine if the sentence is justified under new rules established by the U.S. Supreme Court.

Though the court affirmed Brown's conviction and dismissed a motion for a new trial, it decided to issue the remand to the U.S. District Court for the Middle District of Pennsylvania in light of the 2005 high court...
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