Shares of the California snack food company rose after Diamond said it would release restated results for the past two years and part of this year. Diamond, which makes Emerald Nuts and Pop Secret popcorn, is cleaning up improper accounting of payments to walnut growers. The company launched an inquiry that found it improperly accounted for payments to growers for years.
Diamond Foods Inc. cleaning up improper accounting of payments
Globe wires November 14, 2012
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