SEC Wants Kmart Ex-CEO Conaway To Pay $22.6M
By Shannon Henson ( July 31, 2009, 5:28 PM EDT) -- The U.S. Securities and Exchange Commission has asked a court to force former Kmart Corp. CEO Charles Conaway to pay more than $20 million in disgorgement and penalties following a jury's verdict that he lied to investors about inventory levels and liquidity issues prior to the retailer's 2002 bankruptcy....
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
A Law360 subscription includes features such as
- Daily newsletters
- Expert analysis
- Mobile app
- Advanced search
- Judge information
- Real-time alerts
- 450K+ searchable archived articles
And more!
Experience Law360 today with a free 7-day trial.