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Skechers Fined $1.25M Over Execs' Family Member Payments

By Gina Kim (March 7, 2024, 10:15 PM EST) -- Skechers will pay the U.S. Securities and Exchange Commission $1.25 million to resolve claims it failed to disclose hundreds of thousands of dollars in payments made to its directors and their immediate family members who were hired by the sneaker giant as contractors or nonexecutive employees....

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