16Oct
SEC Charges Company for Implementing Stock Buyback Plan Before Acquisition Negotiations Resumed
The SEC announced settled charges against Andeavor LLC for controls violations relating to a stock buyback plan it implemented while it was in discussions to be acquired by Marathon Petroleum Corp. in 2018. Andeavor agreed to pay a $20 million penalty to settle the charges....
By:
Stinson - Corporate & Securities Law Blog
Source Url: https://www.jdsupra.com/legalnews/sec-charges-company-for-implementing-49418/
Related
The CFIUS real estate regulations reflect a new emphasis on real estate transactions based on proxim...
Read More >
Regulation Best Interest: Rollover Recommendations for Pension Plan Benefits (Rollovers Part 8) - T...
Read More >
On June 26, 2019, the Toledo City Council approved Ordinance 173-19, titled “Pay Equity Act to Proh...
Read More >
Rhode Island employers may be justifiably confused as to whether and how to implement policies conce...
Read More >
On the heels of guidance regarding when the duty to bargain may be suspended or modified during the ...
Read More >
EU COMPETITION LAW AND ARTIFICIAL INTELLIGENCE - Artificial Intelligence (AI) and big data are pla...
Read More >