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Moore Wallace Suspends CFO
MISSISSAUGA, ONTARIO—Moore Wallace suspended Mark Hiltwein, its executive vice president and chief financial officer and has named James Sulat its interim CFO. The suspension results from actions Hiltwein took in providing a misdated document to PricewaterhouseCoopers in connection with an investigation they were conducting. The investigation focused on allegations in an anonymous letter received by Moore Wallace late last year, alleging misuse of acquisition-related restructuring charges, as well as vague assertions of other accounting actions. PricewaterhouseCoopers concluded its investigation and found no evidence to support the allegations.
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