Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2015
SEC settlement involving former CFO
The SEC entered into a settlement with former chief financial officer Steven Neil in connection with the Diamond Foods accounting controversy.
2014
SEC settlement involving Diamond Foods and former CEO
The Securities and Exchange Commission authorized a settlement related to the accounting matter and separately settled with former chief executive Michael Mendes.
2012
Diamond Foods accounting controversy
Diamond Foods faced an accounting controversy concerning the treatment and timing of payments to walnut growers. The matter led to delayed reporting, scrutiny of senior management, disruption of the company’s expansion strategy, and cancellation of the proposed Pringles transaction.