Response to attacks against Carbios and its executives [Yahoo! Finance]
PepsiCo, Inc. (PEP)
Last pepsico, inc. earnings: 4/28 06:03 am
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Source: Yahoo! Finance
operation to which it has been subjected for several months and formally contests all allegations made against the Company and its executives in proceedings initiated by its former executive. In response to the attempts by this former executive to instrumentalize the justice system, a criminal complaint for false accusation has been filed by Carbios with the Public Prosecutor at the Lyon Judicial Court. The executive management of Carbios and all members of the Board of Directors deplore the repeated attacks by this former executive who, for personal reasons related to the circumstances of his departure, has been multiplying threats and attempts at intimidation with the sole intention of harming the Company and its officers. The Board of Directors unanimously reaffirms its full and unequivocal support for the Company's Executive Management and confirms its complete trust in the management team to continue the implementation of the strategy undertaken. About Carbios: Carbios
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