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Whole Foods CEO off the hook on message board posts

Posted Apr 26th 2008 8:40AM by Douglas McIntyre
Filed under: Law, Whole Foods Market (WFMI)

In a sign that you can't keep a good man down, the SEC has dropped its investigation into message board postings by Whole Foods (NASDAQ: WFMI) CEO John Mackey.

Reuters writes that the agency as "concluded a probe into its chief executive's anonymous Web chat room messages about then-rival Wild Oats Markets and recommended no action be taken."

Mackey can now go back to posting on other subjects but will have to come up with a new name to disguise his real identify. The old one, Rahodeb, has already been taken.

Douglas A. McIntyre is an editor at 247wallst.com.

Tags: inthenews, John Mackey, Rahodeb, SEC, WFMI, Whole Foods, Wild Oats

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