Delphi settles with SEC, does not face fine

Newswire

WASHINGTON, Oct 30 (Reuters) - Auto-parts supplier Delphi Corp. and six individuals, including the company's former chief financial officer, settled fraud charges with the U.S. Securities and Exchange Commission, the regulator said on Monday. The company, which is under bankruptcy protection, agreed to the settlement without admitting or denying the charges and was not subjected to a financial penalty, the SEC said. The commission said Delphi and former officers engaged in accounting ...

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