TJ Maxx 2006 Annual Report Download - page 35

compensatory damages, treble damages with respect to the statutory violation claim, injunctive relief, a fund to
compensate future damages, attorney’s fees, interest and costs.
In addition, the Arkansas Carpenters Pension Fund (the “Pension Fund”), the purported beneficial holder of
4,500 shares of TJX common stock, has commenced an action in the Delaware Chancery Court under Section 220 of the
Delaware General Corporation Law demanding to inspect certain of TJX’s books and records relating to the Computer
Intrusion and TJX’s response to the Computer Intrusion. As relief, the Pension Fund seeks the right to inspect records
dating back to 2003, as well as its attorneys’ fees and costs.
Government Investigations. A number of government agencies are conducting investigations as to whether
TJX as a result of the Computer Intrusion may have violated laws regarding consumer protection and related matters.
TJX has been advised that the Attorney General of the Commonwealth of Massachusetts is leading an investigation into
the Computer Intrusion on behalf of a multi-state group of state Attorneys General (the “Multi-State Group”), which as
initially comprised had approximately 30 participating states. In March 2007, the Company received a civil investigative
demand (“CID”) from the Massachusetts Attorney General’s office seeking documents concerning the Computer
Intrusion as part of that office’s review of allegations that the Company may have violated state law regarding consumer
protection and related matters. The Company also received nearly identical demands in March 2007 from eight other
state Attorneys General that are participating in the Multi-State Group. These demands include a CID from the
Attorney General of the State of Arkansas, a CID from the Attorney General of the State of Illinois, a subpoena from the
Attorney General of the State of New Jersey, a subpoena from the State of Ohio, a CID from the State of Oregon
Department of Justice, a subpoena from the Attorney General of the Commonwealth of Pennsylvania, a Request for
Consumer Protection Information (“Request”) from the Attorney General of the State of Tennessee (which had issued
an earlier Request in January 2007), and a subpoena from the Attorney General of the State of Vermont. TJX has been
advised that the Attorneys General of two other states participating in the Multi-State Group may also issue their own
demands, which if issued are expected to be substantively identical to the other demands TJX has received.
In addition to these demands, the Company also has received a number of other inquiries, requests and demands
from state Attorneys General for information relating to the Computer Intrusion (most shortly after TJX announced the
Computer Intrusion publicly and before the Multi-State Group commenced its investigation), including a request by
the Attorney General of the State of Connecticut that the Company voluntarily provide written answers to various
questions relating to the Computer Intrusion, a CID from the Secretary of the State of Rhode Island and verbal requests
for information from various other state Attorneys General.
TJX also has been advised that the Federal Trade Commission (“FTC”) is investigating the Computer Intrusion to
determine whether the Company may have violated federal law regarding consumer protection and related matters.
TJX also has been advised that the Office of the Privacy Commissioner of Canada and the Office of the
Information and Privacy Commissioner of Alberta have initiated formal investigations of TJX as a result of the
Computer Intrusion and that the Office of the Information and Privacy Commissioner of British Columbia has initiated
an investigation relating to the collection of personal information in connection with merchandise returns at TJX’s
stores. The Office of the Privacy Commissioner of Quebec also has inquired about the Computer Intrusion, but has not
advised the Company of any formal investigation.
TJX has been cooperating in each of these investigations.
ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
There was no matter submitted to a vote of TJX’s security holders during the fourth quarter of fiscal 2007.
ITEM 4A. EXECUTIVE OFFICERS OF THE REGISTRANT
Name Age
Office and Employment
During Last Five Years
Arnold Barron 59 Senior Executive Vice President, Group President, TJX since March
2004. Executive Vice President, Chief Operating Officer of The
Marmaxx Group from 2000 to 2004. Senior Vice President, Group
Executive of TJX from 1996 to 2000. Senior Vice President, General
Merchandise Manager of the T.J. Maxx Division from 1993 to 1996;
Senior Vice President, Director of Stores, 1984 to 1993; various store
operation positions with TJX, 1979 to 1984.
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