SEC Hits 3 Former New Century Execs With Fraud Suit
By Erin Fuchs ( December 7, 2009, 5:29 PM EST) -- The U.S. Securities and Exchange Commission on Monday accused three former top officers of New Century Financial Corp. — once the U.S.' second-largest subprime lender — of lying to investors about the company's losses from loan defaults in 2006....
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