On March 14, 2023, the Securities and Exchange Commission (“SEC”) issued a cease-and-desist order (the “Order”)1 and charged DXC Technology Company (“DXC”), an IT company based in Virginia, with violations of Rule 100(b) of...more
On January 9, 2023, the Securities and Exchange Commission (“SEC”) issued a cease-and-desist order (the “Order”)1 charging McDonald’s Corporation (“McDonald’s”) and its ex-CEO, Stephen Easterbrook, with multiple disclosure...more
1/25/2023
/ Breach of Duty ,
Cease and Desist Orders ,
CEOs ,
Civil Monetary Penalty ,
Compensation ,
Disclosure ,
Disclosure Requirements ,
Executive Compensation ,
Failure To Disclose ,
Fraternization Policies ,
Internal Investigations ,
McDonalds ,
Principal Executive Officer ,
Proxy Statements ,
Regulation S-K ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Separation Agreement ,
Termination for Cause
Earlier this week, the Securities and Exchange Commission (“SEC”) announced a $125 million settlement of charges against Nikola Corporation (“Nikola”), a publicly-traded company created through a special purpose acquisition...more
12/22/2021
/ Cease and Desist Orders ,
Compliance Monitoring ,
Corporate Counsel ,
Disclosure ,
Enforcement ,
Instagram ,
Intent to Defraud ,
Misrepresentation ,
Podcasts ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Social Media ,
Special Purpose Acquisition Companies (SPACs) ,
Twitter