SEC Charges NIC Inc. and Four Executives for Failing to Disclose CEO Prerequisites

Womble Bond Dickinson
Contact

A recent Securities and Exchange Commission enforcement action against Kansas-based NIC Inc. and four of its executives should serve as a reminder to public companies that they may face SEC action for failing to disclose or inadequately disclosing the perquisites or personal benefits received by named executive officers and directors. As a result, public companies in the midst of proxy season should re-examine their controls and procedures to ensure proper disclosure of perquisites and personal benefits.

Please see full publication below for more information.

LOADING PDF: If there are any problems, click here to download the file.

Written by:

Womble Bond Dickinson
Contact
more
less

Womble Bond Dickinson on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide