Guess Exec Targeted By SEC For Footstar Financials

Law360, New York (February 15, 2006, 12:00 AM EST) -- The president and CEO of fashion conglomerate Guess Inc. may soon come under fire by the U.S. Securities and Exchange Commission in a civil enforcement action related to his previous stint at Footstar Inc., which is currently under investigation.

Earlier this week, the SEC notified Carlos Alberini in a Wells Notice that it is considering recommending a civil enforcement action against him in connection with his employment at Footstar, where he acted as chief financial officer before leaving to join Guess, a contemporary apparel and accessories...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.