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November 1, 2000 | From Reuters
Rent-Way Inc., the No. 2. U.S. operator of rent-to-own stores, said it suspects two executives of putting fake entries in the company's ledgers to boost earnings, sending its shares plunging 78%. The suspected executives are Jeffrey Conway, the president and chief operating officer who was asked to temporarily give up his duties Monday, and Matthew Marini, the now-suspended corporate controller, said Ron DeMoss, the company's general counsel.
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November 1, 2000 | From Reuters
Rent-Way Inc., the No. 2. U.S. operator of rent-to-own stores, said it suspects two executives of putting fake entries in the company's ledgers to boost earnings, sending its shares plunging 78%. The suspected executives are Jeffrey Conway, the president and chief operating officer who was asked to temporarily give up his duties Monday, and Matthew Marini, the now-suspended corporate controller, said Ron DeMoss, the company's general counsel.
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