SEC Gives Dean, Kraft, Frito-Lay Notice of Possible Legal Action - KCBD NewsChannel 11 Lubbock
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Three big food producers could soon face some legal action. Dallas-based Dean Foods says the Securities and Exchange Commission notified it that the agency is considering seeking an injunction against the company.
The SEC also gave similar notice to Plano-based Frito-Lay and Illinois-based Kraft Foods. The companies say the SEC notice alleges they and some of their employees signed documents that helped Fleming Companies speed up the booking of revenue.
The S-E-C notice accuses the companies of possibly aiding and abetting Lewisville-based Fleming in accelerating revenue recognition.
They eye of Hurricane Maria is nearing the Turks and Caicos early Friday as Puerto Rico tries to recover from the storm's devastation.
They eye of Hurricane Maria is nearing the Turks and Caicos early Friday as Puerto Rico tries to recover from the storm's devastation.
McCain opposes latest GOP health care bill, drawing ire from Trump and possibly dealing death blow to repeal-and-replace effort.
McCain opposes latest GOP health care bill, drawing ire from Trump and possibly dealing death blow to repeal-and-replace effort.
President Donald Trump says if a basketball player doesn't want to visit the White House to celebrate an NBA title, then don't bother showing up.
President Donald Trump says if a basketball player doesn't want to visit the White House to celebrate an NBA title, then don't bother showing up.
In the stylish Condesa neighborhood young revelers typically spill out from dimly lit bars and restaurants on a Friday night. But the first weekend since the 7.1-magnitude earthquake toppled buildings just blocks away began on a somber note.
In the stylish Condesa neighborhood young revelers typically spill out from dimly lit bars and restaurants on a Friday night. But the first weekend since the 7.1-magnitude earthquake toppled buildings just blocks away began on a somber note.
South Korea's weather agency says a magnitude 3.0 earthquake was detected in North Korea around where the country recently conducted a nuclear test, but it assessed the quake as natural.
South Korea's weather agency says a magnitude 3.0 earthquake was detected in North Korea around where the country recently conducted a nuclear test, but it assessed the quake as natural.
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