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Tuesday, May 2, 2017

SEC settles accounting charges with chipmaker, ex-CFO – MarketWatch

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SEC settles accounting charges with chipmaker, ex-CFO
MarketWatch
The Securities and Exchange Commission said it’s settled accounting fraud charges with a South Korean chipmaker and its former chief financial officer. According to the SEC, MagnaChip Semiconductor MX, +2.35% overstated revenues for nearly two years, …
MagnaChip Semiconductor, ex-CFO settle accounting fraud charges – SECReuters

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May 02, 2017 at 08:35AM

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