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The Boston Globe

Business

TheStreet.com company, 3 officers settle charges

WASHINGTON — The company that operates the financial news website The­Street.com and three executives have settled federal civil charges of accounting fraud.

The Securities and Exchange Commission said Tuesday that the company, The­Street Inc., and the executives engaged in a scheme in 2008 to artificially inflate the company’s revenue and mislead investors. The copresidents of a company subsidiary and a former chief financial officer of the company agreed to pay a total of about $409,000 to settle the charges.

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