AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

PEPSI-COLA AND FRITO-LAY RECEIVE SEC NOTIFICATION.

AsiaPulse News

| May 03, 2004 | COPYRIGHT 2004 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(Full text of statement. Contact details below.)

PURCHASE, N.Y., April 30 /PRNewswire-AsiaNet/ --

PepsiCo announced today that its Pepsi-Cola and Frito-Lay divisions received notification from the staff of the U.S. Securities and Exchange Commission (SEC) that it is proposing to recommend bringing a civil action against the divisions.

The proposed recommendation would allege that a non-executive employee at Pepsi-Cola and another at Frito-Lay signed documents in early 2001 prepared by Kmart acknowledging payments in the amount of $3.0 million from Pepsi-Cola and $2.8 million from Frito-Lay. Kmart allegedly used these documents to improperly record the timing of revenue from these businesses.

Pepsi-Cola and Frito-Lay ...

Related articles from newspapers, magazines, journals, and more
PEPSI-COLA, FRITO-LAY THROW MONSTER BASH; SPOKESMONSTERS FROM UNIVERSAL STUDIOS...
Press release article from: PR Newswire October 8, 1992 700+ words
PEPSI-COLA, FRITO-LAY THROW MONSTER BASH; SPOKESMONSTERS...Oct. 8 /PRNewswire/ -- Pepsi-Cola Company and Frito-Lay, Inc. are teaming up again...334-2404/ (PEP) CO: Pepsi-Cola Company; Frito-Lay Inc. ST: New York IN: FOD...
Pepsi-Cola and Frito-Lay Receive SEC Notification.
Press release article from: PR Newswire April 30, 2004 700+ words
...announced today that its Pepsi-Cola and Frito-Lay divisions received notification...from these businesses. Pepsi-Cola and Frito-Lay are cooperating fully with...no officers of PepsiCo, Pepsi-Cola or Frito-Lay are involved. The matter...
Smith & Wesson Hires Former Sales VP of Coca-Cola and Frito-Lay to Head Global...
Press release article from: Business Wire July 15, 2004 700+ words
...His 21 years at Coca-Cola Enterprises and three years at Frito-Lay, include notable...Marketing for Coca-Cola Enterprises' New England...his tenure at Coca-Cola North America, he led...and club channels. At Frito-Lay, Taylor held...
DC Ad sales more than double 1996 year-to-date; New advertisers include Coca...
Press release article from: Business Wire April 28, 1997 700+ words
...Doo, Cartoon Network Presents, Gross Point). New accounts include Coca Cola, Hershey, Kraft (Post Cereal and Tang), Kellogg's, The Gap and Frito-Lay. Coca Cola, Kellogg's, The Gap and Kraft's Tang brand are utilizing DC exclusively...
Coke, P&G to take on PepsiCo, Frito?(Coca-Cola and Procter and Gamble Co. join...
Magazine article from: Snack Food & Wholesale Bakery February 1, 2001 700+ words
...battlefield? Has Frito met a new bandito...could be after Coca-Cola and Procter &...reports, Coca-Cola could, really help...the U.S., where Frito-Lay brands clobber...alliance with Coca-Cola will help the brand. Frito-Lay vaunted distribution...
Enova Systems Sees Fleet Penetration with Smith Electric Vehicles; Vehicles...
Press release article from: Business Wire July 29, 2009 700+ words
...Vehicles U.S. handed over the keys to newly-built Newton trucks to fleet managers from AT&T, Staples, Frito Lay, Coca-Cola, Pacific Gas and Electric, and Kansas City Power and Light. The Smith Newtons are powered by Enova's 120kW...
Frito-Lay Might Benefit from Corporate Sibling's Deal.
Newspaper article from: Knight Ridder/Tribune Business News March 29, 2002 700+ words
...arena as Plano-based Frito-Lay Inc., a snack...for eight years. Pepsi-Cola and Frito-Lay are both units of...PepsiCo's ability to fold Frito-Lay and its Tropicana...offer that beat Coca-Cola, Mr. Galloway said...
Frito-Lay goes on offensive for Lay's; Ups spending to fight local brands.(News)
Magazine article from: Advertising Age January 12, 2004 700+ words
...August accounted for 30% to 40% of Frito-Lay's incremental growth in the...the dial on Lay's initiatives. Frito-Lay is expected to maintain celebrity...chips and three six-packs of Pepsi Cola. A Frito-Lay spokesman declined to comment...
For more facts and information, see all results
©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA