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The SEC has won a 90-day extension for its probe into alleged accounting irregularities by former senior managers of Troy, Mich.-based Kmart Corp. A U.S. Bankruptcy Court judge in Chicago granted the SEC the extra time to decide whether to continue its investigation of the bankrupt retailing giant. The SEC is one of three agencies looking into anonymous allegations of misdeeds by the company's former executives.
July 29, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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