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Thor Industries (THO) Shares Pop on SEC Settlement - Bloomberg

May 13, 2011 10:48 AM EDT
Thor Industries (NYSE: THO) shares are popping on reports that one of its units will pay $1 million to settle SEC allegations of accounting fraud, according to Bloomberg. Shares gained 3.7 percent, but are now trading just 1 percent higher.

The Company will settle without admitting wrongdoing.


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