Chéserex, Switz. (Feb. 3, 2004) -- The board of Swiss staffing firm Adecco said the continuing investigation into material weaknesses at its North American staffing unit hasn’t turned up any significant issues.

“The board has so far found no evidence demonstrating any major misappropriations or irregularities that would be financially significant to the company as a whole,” the company’s board said in a statement issued Friday. “Instances of local misappropriations and irregularities -- mainly at branch-level -- have been identified in certain countries. However, the board does not believe these instances will turn out to be financially significant to the company as a whole.”

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