Former Ahold Execs Get Fines and Suspended Sentences

May 23, 2006

Cees van der Hoeven and Michiel Meurs, the former CEO and CFO of Ahold, were found guilty of fraud in a Dutch court. The men were fined $290,000 each for their roles in an accounting scandal that nearly bankrupted the company.

Recent News

Waffle House Workers Strike for Fair Pay and Better Working Conditions

Waffle House workers in Conyers, Georgia, are now on their third day of striking over what they call the company’s unfair policies. Led by the Union of Southern Service Workers (USSW), Waffle House employees are demanding an end to the mandatory “meal credit” deductions from their paychecks, along with better wages and improved working conditions.