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Examples
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Chief Executive Pierre-Olivier Beckers said he was disappointed by revenue figures from the U.S. and Belgium over the final quarter of the year.
Food Lion to Shut 113 Weaker Stores Archibald Preuschat 2012
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"For a retailer, it is never an easy decision to close stores as we are fully aware of the impact on our associates, our customers and the communities we serve," Mr. Beckers said.
Food Lion to Shut 113 Weaker Stores Archibald Preuschat 2012
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Asked if the Beckers would give up the money the trustee is seeking, SEC spokesman John Nester said, "He and his brothers plan to consult with legal counsel and do the right thing."
Madoff victims' trustee seeks payouts from family of David Becker, SEC general counsel 2011
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The trustee alleges that the Beckers withdrew more than their mother had deposited in the Madoff account and that, like many other "net winners" in the Ponzi scheme, the Beckers were paid with other people's money.
House Republicans question SEC on general counsel's conflict in Madoff probe 2011
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When Picard filed the suit against the Beckers, he did not know that David Becker was the SEC's general counsel, said Stephen P. Harbeck, president of the Securities Investor Protection Corp., which is also involved in helping to cover investors' losses.
Madoff victims' trustee seeks payouts from family of David Becker, SEC general counsel 2011
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The trustee wants to take back more than $1.5 million of the Beckers' payouts.
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The trustee alleges that the Beckers withdrew more than their mother had deposited in the Madoff account and that, like many other "net winners" in the Ponzi scheme, the Beckers were paid with other people's money.
House Republicans question SEC on general counsel's conflict in Madoff probe 2011
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"Despite the slight delay we are experiencing in the U.S. category management and supply chain savings, we are confident that the second half of the year will show an acceleration of our revenue and profit momentum," said Chief Executive Pierre-Olivier Beckers in a statement.
Delhaize Takes Margin Hit Robin van Daalen 2011
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The trustee alleges that the Beckers withdrew more than the family had deposited in the account and that, like many other "net winners" in the Ponzi scheme, the Beckers were paid with other people's money.
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Irving Picard, the trustee overseeing the bankruptcy of Madoff's investment empire, has sued the Beckers, seeking to recover about $1.5m in gains they received before the account was closed.
Watchdog refers ex-counsel's dealings with Bernard Madoff to justice department 2011
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