SEC seeks $22.5 million from former Kmart CEO

08/4/2009 | Wall Street Journal, The

The Securities and Exchange Commission is going after former Kmart CEO Charles C. Conaway for $22.5 million, amid accusations that he misled shareholders right before the company filed for bankruptcy. The SEC is also moving to prevent Conaway from serving as head of any public company in the future.

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Wall Street Journal, The

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