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Telecom Execs Will Pay SEC Over Inflated Revenues

By Hayley Fowler ( June 29, 2018, 3:41 PM EDT) -- Three current and former executives of a once-publicly traded telecommunications company agreed Thursday to pay the U.S. Securities and Exchange Commission $75,000 in civil penalties after the agency accused them of hiking revenues through fraudulent accounting practices, according to documents filed in California federal court....

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