Beazer chief forced to cough up $7 million

Here's a new one: Beazer Homes CEO Ian McCarthy is actually doing something for his shareholders. Not that he had any choice in the matter. McCarthy agreed Thursday to return a $7 million bonus he received from Beazer (BZH) for fiscal 2006. The payment allows McCarthy to settle a suit the Securities and Exchange Commission [...]

Source: http://finance.fortune.cnn.com/2011/03/03/beazer-chief-forced-to-cough-up-7-million/

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