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
Related
Considerations for PPP borrowers as they apply for loan forgiveness - As the Paycheck Protection P...
Read More >
On September 18, Governor Gavin Newsom signed AB 5, a bill dealing with the classification of worker...
Read More >
On June 13, the Departments of Labor, Treasury and Health and Human Services jointly released final ...
Read More >
Workers’ compensation benefits in New Jersey and Pennsylvania are calculated using a statewide aver...
Read More >
The U.S. Citizenship and Immigration Services (USCIS) has announced it is implementing an electronic...
Read More >
At the final sessions of the year, Philadelphia City Council passed three ordinances affecting real ...
Read More >