By  on March 10, 2009

Teen retailer Charlotte Russe Holding Corp. has recommended its shareholders reject KarpReilly Capital Partners LP’s slate of nominees to its board of directors, including KarpReilly’s Allan Karp.

The recommendation came after Karp sent a letter Friday indicating his intention to nominate himself for a seat on the retailer’s board as well as Hezy Shaked, chairman and chief executive officer of World of Jeans & Tops, and Gabriel Bitton, president of Buffalo David Bitton.

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