In Brief: Performance Nutrition
This article was originally published in The Tan Sheet
Executive Summary
Performance Nutrition: Appoints Anthony Ross CEO and president and David Wynne secretary, replacing Gary Lewellyn as chairman, CEO and president and Tamara Halling (Lewellyn's wife) as secretary and treasurer following publication of a news article detailing Lewellyn's involvement in a $16.7 mil. embezzlement case and a Securities and Exchange Commission lawsuit. The company's new management has begun an investigation into the "conduct of prior management and the accuracy of the company's financial statements for the fiscal year ended Sept. 30, 1995" and will call a special shareholders meeting at the earliest possible date. The firm also expands its board from five to 11 members...
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Performance Nutrition: Appoints Anthony Ross CEO and president and David Wynne secretary, replacing Gary Lewellyn as chairman, CEO and president and Tamara Halling (Lewellyn's wife) as secretary and treasurer following publication of a news article detailing Lewellyn's involvement in a $16.7 mil. embezzlement case and a Securities and Exchange Commission lawsuit. The company's new management has begun an investigation into the "conduct of prior management and the accuracy of the company's financial statements for the fiscal year ended Sept. 30, 1995" and will call a special shareholders meeting at the earliest possible date. The firm also expands its board from five to 11 members.... |