Wednesday, January 5, 2005

Former Federated Department Stores CEO Charged with Perjury

New York Attorney General Eliot Spitzer's office announced on Jan. 4 that it had secured the indictment of former Federated Department Stores CEO James Zimmerman for perjury during a deposition conducted by the AG's office into possible antitrust violations in the distribution of tableware in New York City stores.  According to a press release issued by Spitzer's office:

Zimmerman intentionally offered false testimony in a sworn statement on April 9, 2004. Specifically, Zimmerman was asked whether he had called Sir Anthony O'Reilly, the Chairman of the Board of Waterford, Wedgewood, PLC, to dissuade him from selling Waterford products through Bed Bath & Beyond or to otherwise encourage him to pull out of the negotiations to do so.

Zimmerman repeatedly told the assistant attorney general taking the deposition that he had never discussed Bed Bath & Beyond in any way with anyone at Waterford, including O'Reilly. According to the indictment, Zimmerman knew that these denials were untrue.

(ph)

http://lawprofessors.typepad.com/whitecollarcrime_blog/2005/01/former_federate.html

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