Judge OKs Fines In Meridian Holdings Case

Law360, New York (February 12, 2009, 12:00 AM EST) -- The U.S. Securities and Exchange Commission announced Wednesday that a judge approved settlements, including $40,000 in fines, with a medical holding company and two of its executives accused of violating accounting rules by listing a $30 million judgment as an asset.

The SEC said that Judge Dean D. Pregerson of the U.S. District Court for the Central District of California entered a final judgment in January permanently enjoining Meridian Holdings Inc., CEO Anthony C. Dike and Michelle V. Nguyen, former principal financial officer, from future violations...
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