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SEC Charges Health Care Co. And Two Former Employees For Accounting Improprieties

<p><span>The Securities and Exchange Commission today announced settled charges and an $18 million penalty against Baxter International Inc. for engaging in improper intra-company foreign exchange transactions that resulted in the misstatement of the company&rsquo;s net income. The SEC also announced settled charges against Baxter&rsquo;s former treasurer and assistant treasurer, Scott Bohaboy and Jeffrey Schaible, respectively, for their misconduct related to these transactions.</span></p> ....

United States , Scott Bohaboy , Ann Tushaus , Paul Montoya , Emily Rothblatt , Wilburn Saylor , Jeffrey Schaible , Jen Peltz , Scott Hlavacek , Exchange Commission , Chicago Office , Baxter International Inc , Baxter International , Associate Regional Director , Ariella Guardi , Jeffrey Shank ,