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Friday, July 20, 2007

Would the Whole Foods CEO Have Violated the Wild Oats Ethics Policy?

Jon Harmon over at the Force For Good blog has an interesting post on his email exchange with Sonja Tuitele, senior director - Corporate Communications & Investor Relations for Wild Oats.  Apparently, Wild Oats' ethics policy "prohibit[s] unauthorized statements about the company to external audiences, including the Internet."   John Mackey, the CEO of Whole Foods, and who was caught last week posting anonymously to the Wild Oats Yahoo! chat board, and is now under investigation by both the SEC and his own board should take note.  Mackey has also suspended posting on his own public blog as of this week.  Whole Foods is still continuing with its bid to acquire Wild Oats. 

http://lawprofessors.typepad.com/mergers/2007/07/did-the-whole-f.html

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