Dollar General's Turner exits amid investigation
September 23, 2002,
In the wake of a Securities and Exchange Commission investigation into accounting irregularities, Cal Turner Jr. has resigned as ceo of Dollar General.
In January, after a 10-month investigation, Dollar General said its profits for fiscal 1998 to 2000 were overstated by about $100 million, and the company agreed to pay $162 million to settle related shareholder lawsuits.
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