Company CFO Sold Half His Stock Weeks Before Recall
LABELLE, FL. -- The nation's 121 million pets may still be in danger as the number of recalled products is expanding. Menu Foods, Inc., expanded its recall to cat food not previously subject to the recall. Reportedly over 3900 pets have died as a result of contaminated food, although numbers are hard to confirm.
A complete list of Menu Foods' recalled products, including the new items, can be reviewed at http://www.menufoods.com/ and www.recalls.org. Since March 16, recalls of pet food products, including certain varieties of dog food, have been conducted by Menu Foods, Inc., Hill�s Pet Nutrition, P&G Pet Care, Nestle Purina PetCare Company, Del Monte Pet Products, and Sunshine Mills, Inc. More info at www.recalls.org .
The chief financial officer of Menu Foods allegedly sold about half his personally owned stock shares in the compnay only three weeks before a massive recall of its pet food products, according to reports. CFO Mark Wiens reportedly sold 14,000 shares for $89,900 on February 26 and 27. The stock is only worth about $54,000 right now. "He feels just awful that this link has been made," company spokesman Sam Bornstein said this week.