W.P. Carey To Pay $30M To Settle Kickback Charges
The U.S. Securities and Exchange Commission, which brought the charges against W.P. Carey and two top executives, said Tuesday the firm would return the $20 million it allegedly pocketed from the scheme, and pay another $10 million in fines.
The firm's former chief financial officer John J. Park agreed to a $240,000 penalty and a five-year...
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