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CFO charged $ 245 million stock system



MILWAUKEE (AP) – The fired chief of a former Wisconsin-based truck company is charged as part of the ongoing federal probe to what the government says was a complicated $ 245 million stake.

60-year-old Peter Armbruster in Milwaukee resigned on Tuesday, one day after a 19-year compensation attack against him and two former Roadrunner Transportation Systems Inc. controllers were unsealed.

The two other men, Bret Naggs and Mark Wogsland, were arrested in their suburb Milwaukee home last summer after they were accused.

Andrew DeVooght, Armbruster's lawyer, states that his client "is not guilty of any of the allegations in the charge and he looks forward to the opportunity to prove his innocence."

Lawyers of Naggs and Wogsland did not return claims .

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