The Securities and Exchange Commission has filed and settled enforcement actions against former officers and directors of Spiegel Inc., the owner of catalogue retailers Spiegel, Eddie Bauer and Newport News.
The SEC filed settled charges against the former co-presidents of Spiegel Michael Moran and James Sievers, former chief executive Martin Zaepfel, former chief financial officer James Cannataro and former treasurer John Steele -- all in connection with the overstatement of the performance of Spiegel's credit card receivables portfolio.
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