Food Industry
Industry: Email Alert RSS FeedDairy processor Dean Foods Co. and the U.S. Securities and Exchange Commission are in settlement talks of an investigation into Dean's dealings with bankrupt food distributor Fleming Cos., the company said
Food & Drink Weekly, May 17, 2004
Dairy processor Dean Foods Co. and the U.S. Securities and Exchange Commission are in settlement talks of an investigation into Dean's dealings with bankrupt food distributor Fleming Cos., the company said. Dean is one of several U.S. food companies that received notices late last year from the SEC, known as "Wells Notices," regarding allegations that they helped Fleming inflate its revenue.
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