21Oct
SEC Charges Andeavor LLC With Stock Buyback Controls Violations
On October 15, 2020, the Securities and Exchange Commission (“SEC”) announced settled charges against U.S. refiner Andeavor LLC (“Andeavor”) for inadequate controls related to a stock buyback plan it executed while it was in talks to be acquired by Marathon Petroleum Corp. in 2018. Without admitting the SEC’s findings, Andeavor agreed to pay a $20 million penalty to settle the charges....
By:
Bryan Cave Leighton Paisner
Source Url: https://www.jdsupra.com/legalnews/sec-charges-andeavor-llc-with-stock-68464/
Related
On January 17, 2020, the Committee on Foreign Investment in the United States (“CFIUS”) published ...
Read More >
On February 13, 2020, the California Supreme Court issued its opinion in Frlekin v. Apple, Inc., hol...
Read More >
Two years after the start of the #MeToo movement, the law concerning discrimination and harassment i...
Read More >
On November 19, 2019, Judge William M. Campbell of the United States District Court for the Middle D...
Read More >
A five-part seminar series that will provide Hampton Roads businesses with ideas on how they can be ...
Read More >
Seyfarth Synopsis: Vaccinations have been widely debated over the past few years, leaving employers ...
Read More >