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Entwistle & Cappucci LLP Announces Class Action Lawsuit against Royal Ahold NV
NEW YORK -- Entwistle & Cappucci LLP, a New York law firm specializing in securities litigation, gave notice that it has filed a class action complaint on behalf of an institutional investor with substantial losses as a result of its purchases of American Depositary Receipts ("ADRs") of Koninkiljke Ahold NV -
Ahold Supervisory Chairman Rules Out A 2002 Net Loss
AMSTERDAM -- Troubled Dutch retail giant Ahold NV will not post a 2002 net loss, despite it being forced to slice around EUR500 million off its earnings of the last several years because of accounting irregularities, said the company's supervisory board chairman Henny de Ruiter according to a Dow Jones report.