X
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

NJ Medical Marijuana Laws Expand Employee Protections

Earlier this year, the New Jersey Appellate Division addressed the relationship between the Compassi...

Read More >

Waiver of Jury Trials

Market Trends: What You Need to Know - As reflected in the American Bar Association's Private Target...

Read More >

“High” Court Time: N.J. Supreme Court Agrees to Review Ruling on Off-Duty Medical Marijuana Use as Reasonable Accommodation

On July 9, 2019, the New Jersey Supreme Court agreed to hear a case involving whether an employee ca...

Read More >

Withholdings To Fund Massachusetts Paid Family And Medical Leave Set To Begin October 1

After an initial delay, payroll and wage withholdings to fund the Massachusetts paid family and medi...

Read More >

Coronavirus and the Workplace: Are you Prepared?

The coronavirus can affect employers by implicating many different issues of employment law, from si...

Read More >

Five Developing Trends Financial Services Employers Need to Know - Take 5 Newsletter

As certain long-standing issues of interest to financial services employers seem to be receiving a d...

Read More >