James E. Koenig, the former CFO of disposal giant Waste Management, was ordered to pay over $4 million in penalties for committing 60 securities law violations over a five-year period.

U.S. District Court Judge Wayne R. Andersen entered the final judgment against Koenig following a two-day bench trial on remedies. A jury had originally returned a verdict against Koenig in 2006 after an 11-week trial.

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