The Associated Press reports that Eric Sorkin, Rite Aid’s executive vice president for pharmacy services accused of helping to cover up a fraud against the company, will get a separate trial from the three former company executives accused of perpetrating the fraud.
Martin L. Grass, Rite Aid’s former chairman and CEO; Franklin Brown, the former chief counsel and vice chairman; and Franklyn Bergonzi, a former executive vice president and CFO, are charged with conspiracy to defraud and fraud involving the purchase or sale of securities. Their trial is scheduled to start June 9.
Sorkin’s attorneys argued successfully that since he is only accused of participating in the cover-up, not the larger, more serious fraud, he deserved a separate trial.
Martin L. Grass, Rite Aid’s former chairman and CEO; Franklin Brown, the former chief counsel and vice chairman; and Franklyn Bergonzi, a former executive vice president and CFO, are charged with conspiracy to defraud and fraud involving the purchase or sale of securities. Their trial is scheduled to start June 9.
Sorkin’s attorneys argued successfully that since he is only accused of participating in the cover-up, not the larger, more serious fraud, he deserved a separate trial.
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