Government charges Carter’s ex-No. 2 executive with fraud

From a recent article in the Chicago Tribune:

(Reuters) – A former No. 2 executive at Carter’s Inc was indicted on Tuesday for allegedly covering up a multi-million-dollar securities fraud at the children’s clothing company, the Department of Justice said.  Joseph Pacifico, 62, was charged with securities fraud, causing the filing of false financial statements with regulators, and falsifying corporate books and records while he was president of the company.

Click here for the full article.


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