Regulators say "Hunger Games" maker engaged in a series of transactions in 2010 without properly explaining the maneuver to investors.» Read More
The extension will allow advisers to analyze and understand guidance that the SEC released on Friday clarifying parts of the definition, said Allen Robertson, president of the National Association of Bond Lawyers.
Care.com expects to price 5.4 million shares at between $14 and $16 each, the company said in a filing with the U.S. Securities and Exchange Commission on Friday.
Care.com expects to price 5.4 million shares between $14 and $16 each, the company said in a filing with the U.S. Securities and Exchange Commission on Thursday.
The Financial Industry Regulatory Authority and the U.S. Securities and Exchange Commission are reviewing firms' practices for advising customers about so-called rollovers. The SEC said on Thursday that the issue is one of its 2014 examination priorities, after FINRA announced its own plans on January 2.
This manipulative practice allowed the company to report higher net income and beat analysts' expectations for fiscal quarters in 2010 and 2011, the SEC said.
Diamond Foods will pay $5 million to settle civil charges that the company and two former top executives misled investors by lying to boost earnings.
Jan 9- San Francisco- based snack food company Diamond Foods Inc will pay $5 million to settle civil charges that the company and two former top executives misled investors by lying about walnut costs to boost earnings, U.S. regulators said Thursday.
Alcoa and a joint venture it controls will pay $384 million to settle charges that their subsidiaries bribed officials in Bahrain.
Jan 9- Alcoa Inc has agreed to pay $384 million to settle charges by the U.S. Securities and Exchange Commission and the U.S. Department of Justice that its subsidiaries bribed foreign government officials, the agencies said on Thursday.
Jan 9- Alcoa Inc has agreed to pay $384 million to settle charges by the U.S. Securities and Exchange Commission and the U.S. Department of Justice related to charges of bribing foreign government officials, the government said on Thursday.
WASHINGTON, Jan 7- Two U.S. judges on Tuesday raised concerns about a new rule that forces certain manufacturers to disclose if their products contain minerals from a war-torn part of Africa, questioning the rule's purpose and whether it tramples companies' free speech.
*SEC seeking $1.15 million, including fine, from Tourre. District Judge Katherine Forrest in Manhattan on Tuesday said jurors did not make a mistake on Aug. 1 in finding Tourre liable on six of the seven civil charges brought by the U.S. Securities and Exchange Commission.
NEW YORK, Jan 7- Fabrice Tourre, a former Goldman Sachs Group Inc vice president found liable for securities fraud over a failed mortgage transaction, has failed to persuade a federal judge to dismiss the U.S. Securities and Exchange Commission case against him or to set a new trial.
WASHINGTON, Jan 6- The top economist at the U.S. Securities and Exchange Commission, who helped turn around the agency's struggling think-tank unit and elevate the stature of economic analysis in rulemaking, intends to leave the SEC this spring, according to an internal letter seen by Reuters.
WASHINGTON, Jan 3- George Canellos, one of the top Wall Street cops at the U.S. Securities and Exchange Commission, plans to leave the agency this month, the SEC said on Friday. Canellos, a former federal prosecutor in Manhattan, is co-director of the SEC's Enforcement Division, along with Andrew Ceresney.
The SEC has asked life insurers to disclose the potential cost of forcibly winding down in-house insurance units known as "captives," The WSJ reports.
"Those general allegations support each claim for relief and identify the relevant events, misrepresentations, and omissions advanced by the SEC," Altonaga wrote. The judge also rejected arguments the SEC failed to show that any of the alleged misstatements or omissions were material to investors, saying there was "just enough" to prevent such a finding.
Dec 27- The city of Miami on Friday lost its bid to dismiss a lawsuit by the U.S. Securities and Exchange Commission that accused the city of fraud by making misleading statements and omissions in connection with municipal bond offerings.
Tim Cook took home a total compensation package worth $4.25M in 2013, up slightly from $4.17 million last year.
According to the SEC, investment advisers may use credits or rebates that are appropriately disclosed to cover expenses that benefit clients.