The former CEO and CFO of drug store chain Duane Reade were indicted on fraud charges for allegedly inflating the company's income.

Former CEO Anthony J. Cuti, and former real estate administrator and one-time CFO William J. Tennant, were charged with securities fraud, making false entries in books and records, and making false statements to the Securities and Exchange Commission and auditors.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access