The SEC charged Dardenwith a single violation of the Securities Exchange Act of 1934, and sought injunctive relief, disgorgement of all ill-gotten gains (with interest), civil monetary penalties, and any other appropriate relief.

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If Melissa Adelman's hunch is right, this will be the last January apparel retailers will have to brace for the swarm of customers looking to return or exchange all the ill-fitting clothes they got for Christmas.

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