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Gurnee Mills

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2006

    Mills Corporation accounting investigation and bankruptcy

    The Mills Corporation faced bankruptcy after the Securities and Exchange Commission identified approximately $350 million in accounting errors over several years. The issue concerned the mall's corporate owner rather than a consumer-product scandal at Gurnee Mills, but it led to the eventual sale of the Mills portfolio, including Gurnee Mills, to Simon Property Group and Farallon Capital Management.

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