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SEC recoups bonus of former Beazer executive under Sarbanes-Oxley

  • Katten Muchin Rosenman LLP
  • -
  • USA
  • -
  • September 9 2011

On August 30, the Securities and Exchange Commission announced a settlement with the former chief financial officer of Beazer Homes USA to recover more than $1.4 million in bonus and stock profits that he received after the home builder filed fraudulent financial statements during fiscal year 2006