Bigger India

Indian-origin Executive Settles Charges With SEC

The SEC filed a settled enforcement action in June against Endurance and Constant Contact in which Endurance agreed to pay an USD 8 million penalty.

An Indian-origin executive has settled charges with the US Securities and Exchange Commission for overstating the company’s subscriber base, while another Indian-origin person was charged for making similar misrepresentations.

Read it at FPJ

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