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Anonymous Charges Lead to CFO Suspension

Charge stemmed from a whistleblower charge.

> > Moore Wallace Inc. received an anonymous letter alleging misuse of acquisition-related restructuring charges and other accounting-related actions. At the direction of the audit committee for the company, PricewaterhouseCoopers immediately began an independent review of the charges. The company forwarded the allegations to the SEC, the Ontario Securities Commission, and the New York Stock Exchange. Moore Wallace suspended CFO Mark Hitwein, with pay, while they investigate the alledged charges.
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Source: CFO


Published:2004-02-10
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