China's Focus Media, CEO in $55.6 mln SEC settlement
September 30, 2015 at 13:53 PM EDT
Sept 30 (Reuters) - Focus Media Holding Ltd and its chief executive agreed to pay $55.6 million to resolve U.S. Securities and Exchange Commission civil charges over inaccurate disclosures about the Chinese advertising company's partial sale of a unit to insiders, the regulator said on Wednesday.
