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Hotel asset manager settles with SEC over cyber breach misreporting  

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Photo: boonchai wedmakawand/Getty Images

The charges reflect the SEC’s sustained focus on accurate cybersecurity statements.

The SEC has announced settled charges against Ashford Inc, a Dallas-based investment adviser to real estate and hospitality companies, over accusations that it misled investors about scope of a cyber breach in its mandatory financial reports.

The company agreed to pay $115,000 to settle the case, an amount the SEC

The

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