A multinational telecommunications and internet service provider settled charges with the SEC for making materially misleading statements and omissions regarding "cost-of-revenue" in its annual, quarterly and current reports.
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The CFPB asserted that restrictions imposed by dominant operating systems on point-of-sale payment methods may have an "outsized effect" and hurt the development of a "truly open ecosystem."
A manufacturer settled charges for Foreign Corrupt Practices Act violations after a Chinese subsidiary improperly recorded expenses for providing Chinese government officials with overseas travel and entertainment as legitimate business expenses.
The SEC and the DOJ charged three executives of a shipbuilding company for fraudulently overstating revenues and earnings to investors.
The former CEO of a multinational fast-food chain settled SEC charges for failing to disclose materially relevant information during an internal investigation that resulted in his termination.