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Fraud Charges for Five Former Executives

According to the SEC, Cornerstone Propane Partners eventually wrote off $9.8 million of unsubstantiated balances at fiscal year-end 2001 as a result of its accounting errors.

> > The SEC has filed civil charges against five former executives of Cornerstone Propane Partners stemming from an alleged financial fraud.
The five individuals are former ceo Keith G. Baxter, former cfo Ronald J. Goedde, former vp of finance and acting cfo Richard D. Nye, former controller Robert E. Ellington, and former divisional cfo Anthony W. ODell.
Source: CFO


Published:2005-09-27
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