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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 It’s time to log … 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

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