Friday, May 11, 2007

CORRECTED - Penthouse settles accounting fraud case with SEC

(Reuters) - Former Penthouse executive Charles Samel and former shareholder Jason Galanis also agreed to each pay $60,000 to settle accounting fraud charges, the SEC said.

Penthouse, the adult magazine, was published by Penthouse International, a holding company which also had movies, online content and entertainment clubs.


Read more at Reuters.com Government Filings News

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