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Avon Enters Agreements with DOJ and SEC

2014-12-23 14:52:00| Happi Breaking News

Includes payments in connection with Foreign Corrupt Practices Act investigations.

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SEC Charges Company Executives With Issuing False Press Releases to Inflate Stock Price

2014-12-11 20:26:35| Electronics - Topix.net

The Securities and Exchange Commission recently charged two executives at a penny stock company with issuing false and misleading press releases while secretly selling thousands of their own stock shares into the market. The executives agreed to pay nearly $325,000 and accept officer-and-director bars to settle the SEC charges.

Tags: price company press stock

 
 

SEC Charges Company Executives With Issuing False Press Releases to Inflate Stock Price

2014-12-11 20:15:57| IT Services - Topix.net

The Securities and Exchange Commission recently charged two executives at a penny stock company with issuing false and misleading press releases while secretly selling thousands of their own stock shares into the market. The executives agreed to pay nearly $325,000 and accept officer-and-director bars to settle the SEC charges.

Tags: price company press stock

 

SEC Grants No-Action Relief to Whole Foods to Exclude Proxy Access Shareholder Proposal

2014-12-11 19:01:25| Grocery - Topix.net

On December 1, 2014, the staff of the Securities and Exchange Commission granted no-action relief to Whole Foods Market regarding its request to omit a shareholder proposal from its proxy materials pursuant to Rule 14a-8 under the Securities Exchange Act of 1934. Rule 14a-8 states that a company may exclude a shareholder proposal if such proposal directly conflicts with one of the company's own proposals to be submitted to shareholders at the same meeting.

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SEC Settles Insider Trading Case With COO

2014-12-02 18:31:30| Chemicals - Topix.net

The SEC and the DOJ have waged an aggressive battle against insider trading for years, resulting in a string of courtroom victories, guilty pleas and settlements as well as significant sanctions which are supposed to deter future wrongful conduct. Nevertheless, corporate executives keep trading on inside information as evidenced by the SEC's most recent insider trading action, SEC v.

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