...that ain't chickenfeed..."
Posted on 04/28/2005 1:25:59 PM PDT by SmithL
WASHINGTON, (AP) --
Tyson Foods Inc. agreed Thursday to pay a $1.5 million civil fine to settle federal regulators' charges that it failed to fully disclose lavish perks provided to former chairman Don Tyson, including $38,000 in oriental rugs and antiques, and the use of houses in England and Mexico.
Don Tyson will pay an additional $700,000 civil fine to settle charges by the Securities and Exchange Commission that he caused and aided the company's violations of disclosure rules for benefits that Tyson, friends and family members received while he was chairman and after his retirement in October 2001.
Springdale, Ark.-based Tyson Foods, the world's largest producer of chicken, beef and pork, and Don Tyson neither admitted nor denied wrongdoing under the settlement. They did agree to refrain from future violations of federal securities laws.
(Excerpt) Read more at sfgate.com ...
Martha gets the slammer, Clinton pal a wrist slap...
Tyson was the source of the $100,000 bribe to Hillary Clinton a few years ago, disguised as bogus cattle futures trading.
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