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Terex To Pay $8M To Settle SEC Fraud Suit

By Christopher Norton (August 12, 2009, 6:43 PM EDT) -- Construction equipment manufacturer Terex Corp. has agreed to pay $8 million to settle allegations by the U.S. Securities and Exchange Commission of accounting fraud in four transactions between Terex and United Rentals Inc. from 2000 to 2001 and in Terex's financial statements from 2000 to 2004....

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