The 2nd Circuit has vacated the conviction of a former high-level executive with Royal Ahold and ordered a new trial. Mark P. Kaiser was convicted of making fraudulent misrepresentations about the financial condition of U.S. Foodservice, which was acquired by Royal Ahold. The circuit said the trial judge erred in a jury instruction on the law of conscious avoidance and improperly admitted a hearsay statement by U.S. Foodservice's general counsel, thus requiring that Kaiser's conviction be vacated.
July 02, 2010 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
A federal appeals court has vacated the conviction of a former high-level executive with Royal Ahold N.V. and ordered that he be given a new trial.
Mark P. Kaiser was convicted in 2006 of making fraudulent misrepresentations about the financial condition of U.S. Foodservice, which was acquired by Royal Ahold, the Dutch supermarket giant, in 2000.
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