OTHER NEWS - Dec. 19, 1995

2 Manhattan Bagel Execs to Quit: Allan Boren, chairman of the company’s I. & J. Bagels Inc. unit, and Eric Cano, the unit’s president, will resign following reports that they face criminal indictments in connection with a toxic-waste-dumping case involving a company they own in Los Angeles, Boren said. Boren and Cano face 24 felony charges in Los Angeles alleging toxic waste dumping. The men joined Manhattan Bagel as executives in June, when it acquired their 16-store I. & Joy Bagels chain for 1.5 million shares of Manhattan Bagel stock. Shares of Eatontown, N.J.-based Manhattan Bagel Co. fell $5.875 to close at $15.125 on the Nasdaq after a newspaper column reported Sunday that the men face felony charges in connection with the dumping case.