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Rio Tinto to pay $28m fine to settle US SEC fraud case

Rio Tinto to pay $28m fine to settle US SEC fraud case
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Rio Tinto to pay $28M settlement in SEC fraud case (NYSE:RIO)

Rio Tinto to pay $28M settlement in SEC fraud case (NYSE:RIO)
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Rio Tinto to pay USD 28 mn fine to settle US SEC fraud case, Auto News, ET Auto

The settlement disclosed on Friday in Manhattan federal court would end a civil lawsuit filed in October 2017, and requires approval by U.S. District Judge Analisa Torres. Rio Tinto also agreed not to violate recordkeeping and reporting provisions of federal securities laws, and to retain an independent consultant for two years to ensure it properly accounts for asset writedowns.

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Rio Tinto to pay $28 mln fine in US SEC settlement

Rio Tinto to pay $28 mln fine in US SEC settlement
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Rio Tinto to pay $28 million fine in US SEC settlement

Rio Tinto agreed to pay a $28 million civil fine to settle a U.S. Securities and Exchange Commission lawsuit that had accused the Anglo-Australian mining company of fraud in its handling of a.

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