WASHINGTON--(Business Wire)--
Finkelstein Thompson LLP announces that it is investigating potential claims on
behalf of shareholders of Carter`s, Inc. (NYSE:CRI) ("Carter`s").
On October 26, 2009, Carter`s announced that it would postpone its third-quarter
results, on the grounds that "it needed more time to complete a review of its
accounting for discounts offered to some wholesale customers." Then, on November
10, 2009, Carter`s revealed that it would be restating its consolidated
financial statements for the fiscal years 2004 through 2008, and the fiscal
quarters from Sept. 29, 2007 through July 4, 2009.
Carter`s share price has dropped nearly 25% since these accounting issues came
to light.
If you are interested in discussing your rights as a Carter`s shareholder, or
have information relating to this investigation, please contact Finkelstein
Thompson's Washington, D.C. offices at (877) 337-1050 or by email at
contact@finkelsteinthompson.com.
Finkelstein Thompson LLP has spent over three decades delivering outstanding
representation to institutional and individual clients in financial litigation,
and has been appointed as lead or co-lead counsel in dozens of shareholder class
actions. Indeed, the firm has served in leadership roles in cases that have
recovered over $1 billion for investors and consumers.
To learn more about Finkelstein Thompson LLP, please visit our web site at
www.finkelsteinthompson.com. Attorney advertising. Prior results do not
guarantee similar outcomes.
Finkelstein Thompson LLP
Donald Enright, 202-337-8000
Copyright Business Wire 2009
