Paccar To Settle Accounting Charges With $225K Penalty
June 03, 2013 at 14:05 PM EDT
This just in: Engine maker Paccar (PCAR) has agreed to pay a $225,000 penalty to settled SEC charges of accounting deficiencies, according to Reuters. The allegations stemmed from the financial crisis. Paccar was charged with failing to report the operating results of its aftermarket parts business separately from its truck sales business. The agency also [...]