Ex-Execs of Warnaco Ordered to Defend Suit

Linda Wachner, former chief executive of clothing maker Warnaco Group Inc., must defend a lawsuit accusing her and other officers of defrauding investors, a U.S. appeals court ruled.

The suit names Wachner, former Chief Operating Officer William Finkelstein and ex-general counsel Stanley Silverman.

A Wachner spokeswoman said the case is “entirely without merit, and she will defend it vigorously.”