This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Kendall Law Group Investigating Carter’s, Inc. for Shareholders 2009-11-16 14:32 ET - News Release  Company Website:
http://www.kendalllawgroup.com DALLAS -- (Business Wire)
Kendall Law Group, founded by a former federal judge, today began an
investigation on behalf of Carter’s, Inc. (NYSE: CRI) shareholders. The
investigation concerns possible breaches of fiduciary duties after the
announcement on Monday that the company concluded its consolidated
financial statements for the fiscal years 2004 through 2008, and the
fiscal quarters from Sept. 29, 2007 through July 4, 2009, should be
restated.
On November 9, 2009, the announcement by the Georgia-based company
caused stock prices to drop by as much as 15%. Last month the company
announced it would need additional time to review accounting for
discounts offered to wholesale customers, delaying the report of its
third quarter results.
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