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Ex-U.S. Foodservice Controller Settles Fraud Charges

Law360 (January 9, 2007, 12:00 AM EST) -- The former controller of U.S. Foodservice Inc. has reached an agreement with the U.S. Securities and Exchange Commission to resolve allegations concerning her role in a fraudulent scheme to overstate the company's income by about $700 million in fiscal years 2001 and 2002.

Suzanne Brown agreed to pay a $100,000 civil fine and consented to a five-year ban on working as an officer or director for a public company, according to the SEC on Monday. She was also prohibited from working as an accountant before the...
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