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Tribune Settles Circulation Inflation Charges

A promise by Tribune Company to go and sin no more has apparently satisfied federal regulators enough to let the publishing giant off without a fine, after they charged it with inflating circulation figures. The Associated Press reports that the publisher of the Chicago Tribune, Los Angeles Times and other papers settled with the Securities and Exchange Commission in the case that involved two of its properties: Newsday and the Spanish-language Hoy. The company neither admitted nor denied the allegations, “but did agree to refrain from future violations of the securities laws.” The deal comes after nine former employees and contractors pled out on their roles in the crime.




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