Prosecutor: Ex-U.S. Foodservice Exec Organized Fraud
Special Assistant U.S. Attorney Alex Lipman claimed that Mark Kaiser and other executives misled the unit’s auditors and investors over how much U.S. Foodservice Inc. was taking in from supplier rebates, or promotional allowances, in an $800 accounting fraud scheme to reach income targets and receive bonuses....
To view the full article, register now.
Try Law360 FREE for seven days
Already a subscriber? Click here to login