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Tag >> loss carryforwards
Apr 17
2011

SEC clears Zale...again

Posted by Stephen Taub in Riskprepaid advertisingloss carryforwardscomplianceaccounting manipulationaccounting fraudAccounting

Stephen Taub

The Securities and Exchange Commission told Zale it has completed its investigation of the company and does not intend to recommend any enforcement action.

"We are glad to share with our investors and employees that this matter is now behind us as we continue to focus on returning our business to profitability," said Theo Killion, Chief Executive Officer of the jewelry retailer, in a statement.

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