KM Financial Solutions | UPDATE 1-Former Energy XXI CEO agrees to settle SEC charges
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UPDATE 1-Former Energy XXI CEO agrees to settle SEC charges

UPDATE 1-Former Energy XXI CEO agrees to settle SEC charges

The former chief executive
of Energy XXI Ltd agreed to settle civil charges that he failed
to disclose to investors more than $10 million in personal loans
obtained from company vendors and a candidate for the company’s
board, the U.S. Securities and Exchange Commission said.

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