BJ’S WHOLESALE: Dispute to Claims over Illegal Card Use Ongoing

BJ’s Wholesale Club, Inc. continues to contest the claims made against it and continues to explore its defenses and possible claims regarding the fraudulent use of credit and debit card accounts at non-company locations.

Early in 2004, the Company was…

SEARS HOLDINGS: Kmart Vendor Allowances Inquiries Still Ongoing

The investigations of the U.S. Securities and Exchange Commission and the U.S. Attorney for the Eastern District of Michigan continue on Kmart Holding Corp. are ongoing.

The investigations focus on the recorded vendor allowances and the disclosure of certain events…

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