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SEC Fines Logistics Co. Execs Over Liquidity Disclosures

By Carmen Germaine (June 16, 2017, 4:52 PM EDT) -- The former CEO and CFO of logistics company UTi Worldwide Inc. agreed to pay fines to settle the U.S. Securities and Exchange Commission's charges they failed to provide enough information on a looming liquidity crisis in the management's discussion section of UTi's public filings, the SEC said Thursday....

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