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Stein Mart Agrees to Pay $800k to Misstatements of Pre-Tax Income
- Jessica Sleater
- Sep 22, 2015
- 1 min read
Stein Mart agreed to pay $800k penalty to settle the Securities and Exchange Commission's charges that it materially misstated its pre-tax income due to improper valuation of inventory later discounted for purchase and for having inadequate internal accounting controls. Click here to read more.
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