For his part, Cuti didn't admit any wrongdoing when he spoke in court before the sentence was imposed. "I've always led my life with integrity," Cuti said as his wife, adult daughter and brother sat in the courtroom. "It's confusing, if not incomprehensible." He added that "I

DuaneReade, founded in 1960, was named after the two Lower Manhattan streets where it was located, a few blocks from the federal courthouse.

Bain Capital LLC bought the chain from brothers Abraham, Eli and Jack Cohen in 1992 and sold shares to the public in 1998. Oak Hill Capital Partners LP bought all the publicly traded shares in July 2004. Walgreen Co., the biggest U.S. drugstore chain, agreed to buy Duane Reade Holdings from affiliates of Oak Hill for $618 million in February 2010.

The other case involving an ex-CFO resulted in a Tuesday Securities and Exchange Commission settlement, in which former AOL Inc. finance chief John Michael Kelly agreed to pay $260,000 to settle the SEC's suit claiming he had helped overstate Internet ad revenue at the company.

As part of the settlement, Kelly neither admitted to, nor denied the allegations made by the SEC.