Duane Reade CFO Points Out Lease Doc Red Flags

Law360, New York (May 12, 2010, 7:18 PM EDT) -- Duane Reade Inc.’s chief financial officer told a court on Wednesday that former CEO Anthony Cuti and former CFO William Tennant withheld crucial details from him about lease concessions now alleged to be part of a securities fraud scheme, including documents revealing red flags about the transactions.

John K. Henry testified as a witness for the prosecution Wednesday in the U.S. District Court for the Southern District of New York trial over alleged fraud by Cuti and Tennant, marking more than a month so far in...
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