Paccar agrees to US$225,000 penalty over accounting deficiencies

Paccar has agreed to pay a penalty of US$225,000 to the US Securities and Exchange Commission (SEC) to settle charges levied against it. SEC's charge alleged that Paccar and its subsidiary Paccar Financial had indulged in various accounting deficiencies at the time of the financial crisis. According to SEC, Paccar and Subscribe to Automotive World … Continued

Paccar has agreed to pay a penalty of US$225,000 to the US Securities and Exchange Commission (SEC) to settle charges levied against it. SEC's charge alleged that Paccar and its subsidiary Paccar Financial had indulged in various accounting deficiencies at the time of the financial crisis.

According to SEC, Paccar and

Subscribe to Automotive World to continue reading

Sign up now and gain unlimited access to our news, analysis, data, and research

Subscribe

Already a member?

https://www.automotiveworld.com/articles/paccar-agrees-to-pay-us225000-penalty-over-accounting-deficiencies/

Welcome back , to continue browsing the site, please click here