The SEC charged 3 former Wespercorp executives.

In the complaint, the Securities and Exchange Commission said the three former officers and the Santa Ana-based firm, a computer parts maker, overstated the company’s sales and filed false reports about its financial condition in 1983 and 1984. Lynton “Randy” Knapp, founder and former president; Robert Mowry, a former vice president, and Robert Mitchell, former chief financial officer, agreed to settle the cases against them without admitting or denying the charges. No penalties were imposed against either the defendants or the firm, which was named in a separate action.