U.S.: Former Duane Reade chief misled investors

Posted April 7, 2010 at 11:02 a.m.

From Bloomberg | Duane Reade, the drugstore chain purchased by Walgreen Co. for $618 million in February, is under fire. In New York on Wednesday, prosecutors told jurors that former CEO Anthony Cuti falsely inflated income at the drugstore chain and misled investors.

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