• BROWN FOUND GUILTY: Rite Aid Corp.’s former vice chairman and chief counsel, Franklin Brown, was found guilty Friday on 10 criminal counts, including conspiracy and obstruction of justice, by a jury in the U.S. District Court in Harrisburg, Pa. Brown was convicted of conspiracy, conspiracy to obstruct justice, obstruction of grand jury proceedings, obstruction of government agency proceedings, witness tampering and five counts of lying to the Securities and Exchange Commission. He was acquitted of wire fraud. Witness tampering carries a statutory maximum sentence of 10 years, while the other offenses all have maximum jail terms of five years. Prosecutors said Brown was party to various acts of fraud in the late Nineties that led the retail chain to restate $1.6 billion of earnings. Five other Rite Aid executives, including former chief executive officer Martin Grass, have pled guilty.

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