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Diageo To Pay $5M To Settle SEC Overshipping Action

By Reenat Sinay ( February 19, 2020, 1:52 PM EST) -- Diageo, the British alcoholic beverage company responsible for brands like Guinness and Smirnoff, agreed Wednesday to hand over $5 million to the U.S. Securities and Exchange Commission to resolve claims that it covered up excess product shipments and misled investors about financial results....

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