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Diamond Foods settles with S.E.C.
date:Jan 13, 2014
es may be distributed to harmed investors if the S.E.C. determines it is feasible.

Diamond Foods misled investors on Main Street to believe that the company was consistently beating earnings estimates on Wall Street, said Jina L. Choi, director of the S.E.C.s San Francisco regional office. Corporate officers cannot manipulate fiscal numbers to create a false impression of consistent earnings growth.

12/23 03:31