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Archive Home > 2009 > June > 02 > Jury in Michigan sides with SEC in Kmart case

Jury in Michigan sides with SEC in Kmart case


June 2, 2009

DETROIT — The former head of Kmart Corp., who told jurors he was hired to save the venerable retailer, was found liable Monday for misleading investors about company finances before a bankruptcy filing in 2002. The verdict in the civil fraud trial followed 10 days of testimony in....

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