Fraud case hammers Krones bottom line (9/11/12)
German beverage and filling packaging giant admits to BeverageDaily.com that its US subsidiary played a role in causing losses to third parties that resulted from the large-scale Le-Nature fraud case.
While agreeing to pay a massive $125m to settle claims, the company insisted it wanted to prevent any further, potentially costly litigation in the US courts, and said it was itself a victim of fraud.