NEW YORK — Warnaco Group expects "no material impact" on its reorganization plans as a result of the Securities and Exchange Commission’s ongoing investigation into the company’s accounting practices.

The current SEC investigation into Warnaco’s accountinghas been under way since before it was first disclosed by Warnaco in April 2001. In a story on page 1 Monday, it was incorrectly stated that the current SEC investigation into Warnaco is the second probe into its finances.

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