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The Securities and Exchange Commission announced that Cooper Cos. agreed to pay $2.77 million to settle charges of fraud related to junk-bond trades by the company’s senior executives in 1991. Without admitting or denying guilt, Ft. Lee, N.J.-based Cooper, which makes contact lenses and other ophthalmic products, agreed to surrender $1.62 million and pay a civil penalty of $1.15 million, according to an order by a federal court in New York.
