Third Exec Charged Over United Rentals Fraud
In suits filed earlier this month, both the U.S. Securities and Exchange Commission and the U.S. Department of Justice alleged that Milne committed fraud by engaging in an accounting scheme aimed at meeting earnings forecasts.
The suits claim that Milne, aided by then-Chief Financial Officer Michael Nolan, created a series of “interlocking three-party sale-leaseback...
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