Pier 1, Execs Duck Investor Suit Over Inventory Disclosures

By Hayley Fowler ( June 26, 2018, 4:26 PM EDT) -- An employee retirement plan's attempt to nail Pier 1 Imports Inc. for securities fraud in Texas federal court fell short on Monday when a new judge on the case found old flaws have hindered its headway, saying the retailer likely didn't knowingly mislead investors about bloated inventory and the risk of markdowns....

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