A Shareholder Has Filed A Class Action Lawsuit Against Carter’s, Inc. (NYSE:CRI)

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) September 24, 2008 -- On Friday, September 19th, 2008, a shareholder has filed a proposed class action lawsuit in the United States District Court for the Northern District of Georgia, on behalf of all purchasers of the securities of Carter’s, Inc. (NYSE:CRI) between February 21st, 2006 and July 24th, 2007 over allegedly materially false and misleading statements about their ability to turn the operations of acquired company Oshkosh B’Gosh around.

If you purchased or otherwise acquired securities of Carter’s, Inc. (NYSE:CRI) between February 21st, 2006 and July 24th, 2007, you have certain rights and there are strict and short deadlines running (November 18th, 2008). You should immediately contact the Shareholders Foundation, Inc.!

Email: Mail@ShareholdersFoundation.com

or Call us TODAY!

Phone: +1-(858)-779-1554

or send us your information by mail /facsimile

Shareholders Foundation, Inc.
3111 Camino del Rio North
– Suite 423 –
San Diego, CA 92108
Fax: +1-(858)-605-5739(Facsimile)

According to the complaint the plaintiff seeks to pursue remedies under the Securities Exchange Act of 1934 (the “Exchange Act”). Specifically, the complaint alleges that Defendants issued materially false and misleading statements about their ability to turn the operations of acquired company Oshkosh B’Gosh around. Then on July 24, 2007, Carter Inc.’s announced that it was taking a large write-down ($142.9 million) on the tangible assets/goodwill of its Oshkosh subsidiary and as a result of this news its shares reacted negatively falling from $24.87 to $22.75 per share by the end of trading on July 25, 2007, or a 8.5% decline in value, so the lawsuit.

If you purchased or otherwise acquired securities of Carter’s, Inc. (NYSE:CRI) between February 21st, 2006 and July 24th, 2007, you have certain rights and there are strict and short deadlines running (November 18th, 2008). You should immediately contact the Shareholders Foundation, Inc.!

Email: Mail@ShareholdersFoundation.com

or Call us TODAY!

Phone: +1-(858)-779-1554

or send us your information by mail /facsimile

Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423 -

92108 San Diego
Tel:+1-(858)-779-1554
Fax:+1-(858)-605-5739
Mail@ShareholdersFoundation.com

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