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Magna Corporation controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 1985

    SEC lawsuit involving Wesley A. Caldwell, Jr.

    The United States Securities and Exchange Commission sued former Magna president Wesley A. Caldwell, Jr. The allegations stated that he had received company benefits without review and approval and had violated the Securities Exchange Act of 1934. The supplied source does not report the final resolution.

    Source