CINCINNATI -- Kroger Co. here and Joseph A. Pichler, Kroger chairman and chief executive officer, face a class action lawsuit filed in late May in U.S. District Court here by a shareholder who alleges the company knew about improper accounting practices at its Compton, Calif.-based Ralphs subsidiary last September, six months before going public with the news. On March 5, Kroger said it had been made aware "of the possibility" of misdeeds at Ralphs in September. It said it then conducted an ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.