February 13, 2019 / 4:24 PM / 5 months ago

Deloitte Japan to pay $2 million to settle audit-related charges: SEC

WASHINGTON (Reuters) - Deloitte Touche Tohmatsu LLC will pay $2 million to settle charges related to issuing audit reports for a client when dozens of the firm’s employees had accounts with the client’s subsidiary in violation of U.S. regulations, the Securities and Exchange Commission said on Wednesday.

The firm and two former executives did not admit to or deny the findings as part of the settlement, the SEC said.

Reporting by Makini Brice; Editing by Tim Ahmann

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