SEC Settles with T&B, Others in Case

The Securities and Exchange Commission (SEC) settled an enforcement action March 31 against Thomas & Betts Corp. (T&B), two former executives and a current vice president for allegedly falsifying records and overstating income in the late 1990s.

The Memphis-based company, the former executives, Neil Parker and Robin Gregersen, and the current executive, Robert Calhoun, all settled without admitting or denying any wrongdoing, the SEC said in a statement.

In a civil comp

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