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Lovesac To Pay SEC $1.5M Fine In Accounting Fraud Case

By Katryna Perera ( October 29, 2024, 9:31 PM EDT) -- Beanbag chair maker Lovesac has agreed to pay $1.5 million to the U.S. Securities and Exchange Commission to settle allegations that some of the company's former executives conspired to cover up an accounting debacle over how it recorded what's known as last-mile shipping costs....

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