Cuti had rescued Duane Reade from the brink of bankruptcy, helping it grow into the metropolitan area’s largest drugstore chain, but she said he also “bullied people into committing fraudulent acts to make the company look like it was doing better than it actually was. San Andreas is a 2015 American disaster film directed by Brad Peyton and written by Carlton Cuse, with Andre Fabrizio and Jeremy Passmore receiving story credit.The film stars Dwayne Johnson, Carla Gugino, Alexandra Daddario, Ioan Gruffudd, Archie Panjabi, and Paul Giamatti. Cuti and another executive at the company overstated the chain’s pretax income by $17.5 million between 20. The Securities and Exchange Commission said Mr. Cuti was convicted in June 2010 of securities fraud after a two-month trial in which jurors concluded he had plotted to falsely inflate the income and reduce the expenses that Duane Reade reported to investors. File File history File usage on Commons File usage on other wikis Metadata Size of this preview: 800 × 450 pixels. From Wikimedia Commons, the free media repository. Batts, who called him a “gifted, arrogant, driven and entitled individual who betrayed his position as C.E.O.” He must report to prison in January to begin serving his sentence. File:Duane Reade Pharmacy Storefront (48206542307).jpg. Cuti, 65, of Saddle River, N.J., was also ordered to pay a $5 million fine by Federal District Court Judge Deborah A. The former chief executive of Duane Reade, the New York City drugstore chain, was sentenced on Monday to three years in prison for exaggerating the company’s income.Īnthony J.
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