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SEC Sues Kids Clothing Co. Ex-Prez Over $18M Rebate Fraud

By Brian Mahoney ( October 19, 2012, 5:33 PM EDT) -- Government regulators on Friday launched a civil fraud suit in Georgia federal court alleging the indicted former president of Atlanta-based children's clothing maker Carter's Inc. engaged in a scheme to understate the company's expenses by more than $18 million....

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