Former Buca Executives Bury SEC Charges

Law360, New York (January 7, 2008, 12:00 AM EST) -- With a guilty plea already on the books, the former chief financial officer of Buca Inc. has agreed to settle charges by the U.S. Securities and Exchange Commission that he helped artificially inflate the earnings of the company behind the Buca di Beppo restaurant chain.

On Monday, the Wall Street Journal reported that former CFO Greg A. Gadel and former Controller Daniel J. Skrypek had settled with the SEC, putting to rest charges that the duo illegally beefed up the company's numbers.

The commission alleged that...
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