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SEC Opens Probe Of Abercrombie & Fitch

Law360 (December 9, 2005, 12:00 AM EST) -- The Securities and Exchange Commission has started an informal inquiry into stock trades at clothing retailer Abercrombie & Fitch Co., the company said.

According to a regulatory filing, the SEC informed Abercrombie that the inquiry should not be construed as an indication that any violations of law have occurred. The company added that it is cooperating fully with the commission.

The statement in the company's quarterly report did not specify the trades the SEC is looking into or who made them.

In July, chief executive officer...
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