Buca, SEC settle securities lawsuit

MINNEAPOLIS Buca Inc. has a settled a lawsuit with the Securities and Exchange Commission that alleged violations of federal securities laws, the company said Friday.

The lawsuit relates to the SEC's investigation of the accounting practices of former Buca officials, including ex-chief executive Joseph P. Micatrotto, who was sentenced to prison earlier this year after pleading guilty to federal fraud charges.

Under Friday’s settlement, Buca neither admit

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