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Former Triad exec charged, settles with SEC
2015-04-02 23:17:08| Telecom - Topix.net
The Securities and Exchange Commission has charged Tim Scronce , the former owner of Lexington-based telecom equipment company TelWorx, with defrauding a publicly traded telecommunications company and its shareholders during and after its acquisition of the business. Scronce in 2013 paid a multimillion settlement to the buyer of that firm, Bloomingdale, Ill.-based PCTEL Inc., after allegations of accounting irregularities, as previously reported by the Triad Business Journal .
Goodyear Rolls Out $16 M Settlement With SEC, Putting Brakes on FCPA Charges
2015-03-05 17:01:00| Industrial Machines - Topix.net
On February 24, 2015, the SEC announced that it had reached an agreement with Goodyear Tire & Rubber Co. for Goodyear to disgorge more than $16 million to settle FCPA charges stemming from its Kenyan and Angolan subsidiaries.
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charges
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Oil at $95 a Barrel Discovered in SEC Rules on Reserves: Energy
2015-03-05 00:06:23| Oil & Gas - Topix.net
The U.S. Securities and Exchange Commission requires drillers to calculate the value of their oil reserves every year using average prices from the first trading days in each of the previous 12 months. Because oil didn't start its freefall to about $45 till after the OPEC meeting in late November, companies in their latest regulatory filings used $95 a barrel to figure out how much oil they could profitably produce and what it's worth.
Oil at $95 a Barrel Discovered in SEC Rules on Reserves: Energy
2015-03-04 23:12:44| Energy - Topix.net
The U.S. Securities and Exchange Commission requires drillers to calculate the value of their oil reserves every year using average prices from the first trading days in each of the previous 12 months. Because oil didn't start its freefall to about $45 till after the OPEC meeting in late November, companies in their latest regulatory filings used $95 a barrel to figure out how much oil they could profitably produce and what it's worth.
Oil at $95 a Barrel Discovered in SEC Rules on Reserves: Energy
2015-03-04 18:38:40| Electronics - Topix.net
The U.S. Securities and Exchange Commission requires drillers to calculate the value of their oil reserves every year using average prices from the first trading days in each of the previous 12 months. Because oil didn't start its freefall to about $45 till after the OPEC meeting in late November, companies in their latest regulatory filings used $95 a barrel to figure out how much oil they could profitably produce and what it's worth.
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