Sept 28 (Reuters) - The U.S. Securities and Exchange Commission said it has fined two companies for violations that resulted in the improper reporting of quarterly earnings per share that met or exceeded analyst forecasts.
In a statement on Monday, the SEC said carpet manufacturer Interface Inc will pay a $5 million civil fine while Fulton Financial Corp will pay a $1.5 million civil fine. Neither admitted or denied wrongdoing. (Reporting by Jonathan Stempel in New York; editing by Jonathan Oatis)
Our Standards: The Thomson Reuters Trust Principles.