Former California executives of top alcohol distributor, winery salesman charged in alleged bribery, obstruction scheme [CBS News]
Albertsons Companies, Inc. Class A (ACI)
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Source: CBS News
alleged roles in a years-long bribery and obstruction scheme at grocery stores across the state, prosecutors announced. In a press release on Wednesday, the U.S. Attorney's Office for the Northern District of California said the alleged scheme involved bribing grocery store employees to increase purchases of certain alcohol brands and obstructing investigations into the bribes by creating fake financial documents. The former employees of the company, listed in court documents as Distributor-1, were identified as Michael Dehdashtian, 48, of Lake Forest; Ryan Dow, 40, of Upland; Stephen Magliocco, 47, of Trabuco Canyon; Loratina Muscara, 64, of Livermore; and Adrian Ruiz, 54, of Corona. While the alcohol distributor was not named in the indictment, details from the indictment make it clear that it is Southern Glazer, the nation's largest alcohol distributor, according to the San Francisco Chronicle . The grocery involved was also not named, but the Chronicle identified it as Alber
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ACI
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- 1/7/26 - Beat
ACI
Sec Filings
- 3/13/26 - Form 4
- 3/11/26 - Form 4/A
- 3/11/26 - Form 4/A
- ACI's page on the SEC website