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
Oregon joins California in requiring employers notify employees of any government investigation into...
Read More >
Employers in Illinois will have new obligations related to employment contracts, training, and agenc...
Read More >
Global Protein Prods., Inc. v. Le, 42 Cal. App. 5th 352 (2019) - Global Protein Products, Inc. (“...
Read More >
Draft Bearer Certificates (Collective Investment Schemes) Regulations 2020 - A draft version of the...
Read More >
No harassment as conduct not related to sex - The EAT decision in Raj v Capita Business Services Lt...
Read More >
New Jersey’s new Wage Theft Act will likely make the state a destination for wage and hour class ac...
Read More >