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View Full Version : Sadia to Sue CFO After Board Cleared on Hedging Loss - Bloomberg



NewsWhore
04-06-2009, 01:31 PM
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Sadia to Sue CFO After Board Cleared on Hedging Loss (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DatVEhn5fPpcI%26refer%3Dlatin_america&cid=0&ei=zT3aSfCBKY_G6AOAwczbCA&usg=AFQjCNHxFA7Bfzf2eoHOjJauyNuGSeNzNQ)
Bloomberg
Sadia reported a fourth-quarter net loss of 2.04 billion reais because of wrong-way bets on the Brazilian currency. Sadia was accused last year of misleading investors about its financial “well-being and future business.” The US complaint accused the ...


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