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Wet Seal - massiver Einbruch -60 %, Wet Seal Shares Plunge on 2Q Loss, Bankruptcy Concerns By James Covert Dow Jones Newswires NEW YORK -- Shares of Wet Seal Inc. (WTSLA) plunged Friday after the company reported a wider-than-expected loss and said it has created a special board committee to consider options for its struggling Wet Seal retail chain. The news fueled mounting concerns that the teen apparel retailer's recent turnaround efforts may have failed and that a bankruptcy filing may be imminent. At about 11:15 a.m. EDT on the Nasdaq Stock Market, shares of Wet Seal were down $1.17, or 56%, at 93 cents. Wet Seal, Foothill Ranch, Calif., reported a fiscal second-quarter net loss of $102.8 million, or $3.20 a share, compared with a year-earlier net loss of $13.4 million, or 45 cents a share. The latest results included a charge of $75.5 million, or $2.35 a share, from a tax issue and an impairment of certain long- lived assets. The latest results, excluding [mehr]

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