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The U.S. Securities and Exchange Commission said Thursday that a San Diego County school district and its former chief financial officer have agreed to settle claims that they lied to investors in a $28 million municipal bond offering. ....
The Securities and Exchange Commission filed a complaint Thursday that accuses the Sweetwater Union High School District and its former chief financial officer, Karen Michel, with “misleading investors who purchased $28 million in municipal bonds.” ....
The Securities and Exchange Commission settled with the Sweetwater Union High School District as well as former Chief Financial Officer Karen Michel. ....