Wilmington Trust To Pay $18.5M To Settle SEC Fraud Charges

By David McAfee ( September 11, 2014, 4:23 PM EDT) -- Wilmington Trust Corp. has agreed to pay $18.5 million to settle fraud charges brought against the bank holding company by the Securities and Exchange Commission over allegedly improper accounting and disclosure of past-due loans during the financial crisis, the SEC announced on Thursday....

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