Tarrant Apparel stockholder reports share purchase, 8% ownership interest

By Lisa Kerner

Charlotte, N.C., Dec. 18 - Serge Kraif reported the purchase of 706,411 shares of Tarrant Apparel Group common stock at prices from $0.35 to $0.65 each.

The shares were acquired between Nov. 18 and Dec. 17, according to a schedule 13D/A filed with the Securities and Exchange Commission.

Kraif beneficially owns 2,444,795 shares, or 8%, of the company's outstanding stock.

Tarrant is a Los Angeles-based design and sourcing company for private-label and private-brand casual apparel.

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