date:Jan 13, 2014
Mendes, then chief executive officer, should have known the reported Diamond Foods walnut cost was incorrect at the time he certified the companys financial statements. Mr. Mendes agreed to pay a $125,000 penalty to settle the charges without admitting or denying the allegations. Mr. Mendes already has returned or forfeited more than $4 million in bonuses and other benefits that he received during the time of the fraudulent financial reporting.
The penalties collected from Diamond and Mr. Mend