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Home » Store » News » Household Agrees to New Disclosures in Deal With SEC

Household Agrees to New Disclosures in Deal With SEC

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Household International has settled charges that it misled investors when it reported delinquency rates on its loans. The settlement with the Securities and Exchange Commission revolves around allegations that Household misled investors through false statements about its delinquent loan forbearance and restructuring policies. Though the company was not fined, it was forced to mail thousands of supplemental proxy statements to shareholders, who were slated to vote
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