Follow-up: Ex-Delphi CEO cleared of fraud, convicted of lesser charges
Meanwhile, the jury found that Free was guilty of violating rules associated with a smaller transaction that Delphi made with a bank.
The SEC had accused Battenberg of misreporting the payment to General Motors in order to make the company's bottom line appear stronger to investors than it actually was. The move was believed to have been made to secure larger bonuses for the CEO and other executives.
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