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Christopher & Banks responds to Macellum allegations

Jul. 20, 2015 8:04 AM ETChristopher & Banks Corporation (CBKCQ) StockBy: Clark Schultz, SA News Editor
  • Christopher & Banks (CBK) says it's in the process of complying to all records demands in compliance with the law.
  • The statement is in response to the noise that Macellum Advisors has made over the sale of stock by insiders ahead of a guidance cut.
  • C&B says all the sales were part of the company's pre-cleared stock trading policy.
  • Previously: Macellum concerned over insider sales at Christopher & Banks (Jul. 10 2015)

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