date:Aug 22, 2013
ptember 2011 of approximately $60 million were not accounted for in the correct periods. Additionally, Diamond Foods audit committee said it identified material weaknesses in the companys internal control over financial reporting.
Diamond Foods has denied all claims of wrongdoing or liability. The settlement remains subject to court approval.
We believe this proposed settlement eliminates the burden of further time, expense and risk related to the class action, allowing the Diamond team to mo