Report: SEC says ex-Delphi CEO Batterberg misled investors
U.S. District Judge Avern Cohn began hearing the evidence against Battenberg, Free and other executives in October, and closing arguments in the case wrapped up on Tuesday. So far, two executives and the company's former treasurer have agreed to settle with the SEC over allegations that Delphi improperly reported a settlement that the company made with General Motors. Both Battenberg and Free remain as defendants in the case.
[Source: Detroit Free Press]
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