Corporate Governance - Page 2

Brazil

SEC Settles FCPA Charges With Brazil-Based Petro-Manufacturer

The U.S. Securities and Exchange Commission (SEC) recently announced that a Brazilian-based petrochemical manufacturer whose stock trades in the U.S. markets has agreed to settle charges that it created false ...
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gavel and cash money

Morgan Stanley Settles SEC Charges of Customer Protection Rule Violations

The U.S. Securities and Exchange Commission (SEC) recently announced that Morgan Stanley has agreed to pay $7.5 million to settle charges it used trades involving customer cash to lower the ...
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whistle

SEC Settles Whistleblower Retaliation Charges Against SandRidge

The U.S. Securities and Exchange Commission (SEC) recently announced that an Oklahoma-based oil-and-gas company has agreed to settle charges that it used illegal separation agreements and retaliated against a whistleblower ...
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Oracle headquarters

Former Oracle Employee Protests Company’s Ties With Trump

Oracle Corp. (NYSE: ORCL) co-CEO Safra Catz signed on to join the transition team of President-elect Donald Trump shortly after she attended last week's meeting of tech sector leaders with ...
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SEC

SEC Settles Whistleblower Charges Against NeuStar

The U.S. Securities and Exchange Commission (SEC) recently announced that a technology company has agreed to pay a penalty of $180,000 to settle charges involving its severance agreements that impeded ...
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IBM_logo

IBM Workers Protest CEO’s Offer to Cooperate with Trump

On November 15, International Business Machines Corp. (NYSE: IBM) CEO Ginni Rometty sent a letter to President-elect Donald Trump congratulating him on his win and offering six agenda items for ...
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reprimand

SEC Charges Platinum Partners in Hail Mary Scheme

The U.S. Securities and Exchange Commission (SEC) recently charged the founder of Platinum Partners and two of its flagship hedge fund advisory firms with conducting a fraudulent scheme to inflate ...
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SEC

SEC Settles Short Selling Charges Against Utah Broker-Dealer

The U.S. Securities and Exchange Commission (SEC) recently announced that it has settled cease-and-desist proceedings against the CEO of a Utah-based broker-dealer and two registered persons associated with the firm ...
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pennies

SEC Issues Charges for Sham Penny Stock IPOs

The U.S. Securities and Exchange Commission (SEC) recently barred several market participants from the penny stock industry for their roles in various sham initial public offerings (IPOs) of microcap stocks ...
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gavel and cash money

Deutsche Bank Settles With SEC Over Misleading Investors

The U.S. Securities and Exchange Commission (SEC) recently announced that Deutsche Bank has agreed to settle charges in regards that it misled clients about the performance of a core feature ...
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car lot

A New Broom: Hertz Replaces CEO and 3 Board Members

Car rental company Hertz Global Holdings Inc. (NYSE: HTZ) announced late Tuesday that CEO John Tague will retire effective January 2, 2017. Kathryn Marinello, who has served as CEO of ...
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board of directors

Alphatec Slides on Management Changes

Alphatec Holdings, Inc. (NASDAQ: ATEC) watched its shares slide on Monday after the company reported that it was making changes to its executive team. The main change was that Terry ...
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boardroom

Alexion Pharmaceuticals Shuffles the Deck With Recent Executive Changes

Alexion Pharmaceuticals Inc. (NASDAQ: ALXN) saw its shares slide on Monday after the company reported a change in its executive team. Headlining this change and effective immediately, the company announced ...
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whistle

SEC Issues Nearly $1 Million Award to Whistleblower

The U.S. Securities and Exchange Commission (SEC) recently announced an award of more than $900,000 to a whistleblower whose tip allowed the SEC to bring multiple enforcement actions against wrongdoers. ...
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2 Cokes

Coca-Cola Board Approves CEO Succession Plan

Coca-Cola Co. (NYSE: KO) announced on Friday that its board of directors has approved unanimously the recommendation of Chairman and CEO Muhtar Kent for the succession of the chief executive ...
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