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Tag: SEC
Construction Equipment
Navistar CFO Andrew Cederoth leaving company
According to a report from our sister site CCJ, truck maker Navistar has announced that its chief financial officer Andrew Cederoth will be leaving the company at the end of the month. In April, Cederoth and former chief executive officer Dan Ustian were sued in multiple class action lawsuits on behalf of shareholders who bought […]
June 25, 2013
Construction Equipment
Terex agrees to pay $8 million to settle fraud charges by SEC, admits no wrongdoing
The Securities and Exchange Commission yesterday charged Westport, Conn.-based heavy equipment manufacturer Terex Corp. with accounting fraud for making material misstatements in its own financial reports to investors, as well as aiding and abetting a fraudulent accounting scheme at United Rentals, Inc. (URI), another Connecticut-based public company. Terex has agreed to settle the SEC’s charges […]
January 15, 2010
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