SYRACUSE, N.Y. — Penn Traffic Co. here said last week it has reached a settlement with the Securities and Exchange Commission over accounting practices prior to 2003. The company said it is continuing to cooperate with the U.S. Attorney for the Northern District of New York in an ongoing investigation of the same matters that were the subject of the federal probe. The investigations involve practices and policies relating to promotional allowances by the chain from fiscal 2001 though ...
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 a complimentary copy of SN's salary survey sent to you by email.
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.