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...Fax: +31 (0)53 4874336. Cees J. van Westen, United Nation University-ITC School...
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Business Editors
PRAGUE, Czech Republic--(BUSINESS WIRE)--June 22, 2001
Social Accountability: Maintaining Confidence
in Food in the 21st Centur...
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Business Editors
ARNHEM, the Netherlands--(BUSINESS WIRE)--June 1, 2001
Cees van Lede: "The Coatings Industry Must Work Together to Get
the Real...
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WASHINGTON - Royal Ahold NV, the Dutch retailer that overstated more than $1 billion of profits, reached a settlement with the U.S. Securities and Exchange Commission on Wednesday, ending a 20-month investigation into accounting fraud.
The SEC opted not to demand a fine from Ahold because of its "exceptional" cooperation with the investigation, said Thomas Newkirk, an SEC enforcement official in Washington. Former Chief Executive Officer Cees van der Hoeven, 57, and former Chief Financial Officer Michiel Meurs, 53, also settled with the SEC by agreeing to be subject to tougher sanctions.
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Business Editors
ARNHEM, the Netherlands--(BUSINESS WIRE)--June 1, 2001
"The coatings industry must work together
to get the real value of its p...
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AMSTERDAM, Netherlands - The executives in charge as Dutch retailer Royal Ahold NV plunged into one of Europe's worst financial scandals were convicted of fraud Monday but let off with a fine and no prison time, as judges found they bore little criminal guilt.
The court fined former CEO Cees van der Hoeven and former CFO Michiel Meurs 225,000 euros ($290,000) each and gave them both nine- month suspended sentences.
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Business Editors
STOCKHOLM, Sweden--(BUSINESS WIRE)--March 23, 2001
Mr. Cees van Lede, Chairman of the Board of Management Akzo Nobel, expressed h...
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Business Editors
ZAANDAM, The Netherlands--(BUSINESS WIRE)--May 15, 2001
Royal Ahold (NYSE: AHO), the international food retail and foodservice co...
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Business Editors
ARNHEM, The Netherlands--(BUSINESS WIRE)--Jan. 8, 2003
"Your efforts have given our Company a strong starting position in what th...
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Business Editors/Legal Writers
NEW YORK--(BUSINESS WIRE)--Feb. 25, 2003
The law firm of Milberg Weiss Bershad Hynes & Lerach LLP announces that a ...