ROSEMONT, Ill. (September 13, 2010 - PRNewswire)—U.S. Foodservice (USF), one of America's leading broadline foodservice distributors, has entered into an agreement with the Department of Justice to resolve a civil investigation of past pricing practices involving government contracts from 2000 to 2005. The company will pay a settlement of $30 million.
The Company denies any wrongdoing, as the settlement acknowledges, and stands behind its pricing practices, which have always been consistent with the terms of its federal government contracts and foodservice industry standards.
"We're pleased to close this chapter in the company's past so that we can continue to focus on providing customers with top-quality products and services at the most competitive prices," said Juliette Pryor, Executive Vice President, General Counsel and Chief Ethics Officer, U.S. Foodservice.
"It is a credit to our hard-working employees that while working to resolve this matter we have been awarded increased levels of government business as a Prime Vendor. We look forward to building on those strong relationships with military bases and other government facilities in the future," Pryor said.
Visit www.usfoodsettlement.com for more information.