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Federal Securities Law Source

SEC Brings Case Against Indiana Manufacturer and Eight Executives and Accountants for Accounting Fraud at English Subsidiary

By Porter Wright
January 31, 2012

On Monday, January 30, 2012, the SEC filed two lawsuits in federal court in Indiana and commenced two administrative proceedings stemming from an accounting fraud scheme at the Thornton Precision Components (“TPC”), which is the Sheffield, England subsidiary of Symmetry…

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