X
04Nov

SEC Issues $20 Million Fine and Cease-and-Desist Order for Stock Buybacks While in Merger Negotiations

In a recent settled administrative proceeding, the Securities and Exchange Commission (SEC or the Commission) imposed a $20 million fine and a cease-and-desist order on Andeavor LLC, a Texas energy company, in connection with a stock buyback program....
By: Kramer Levin Naftalis & Frankel LLP
Source Url: https://www.jdsupra.com/legalnews/sec-issues-20-million-fine-and-cease-66137/

Related

Chris Lazarini Examines Allegations of ERISA Fiduciary Violations

Bass, Berry & Sims attorney Chris Lazarini examined allegations brought by members of a company’s 4...

Read More >

EEOC Sues Pirtek USA for Disability Discrimination

Company Fired Employee it Regarded as Disabled, Federal Agency Charges - ORLANDO, Fla. - Pirtek US...

Read More >

Nevada & NYC Roll Out Pre-Employment Cannabis Drug Screening Restrictions

Pre-employment drug screening for marijuana is starting to create exposure for employers. In several...

Read More >

IRS Announces Year 2020 Retirement Plan Limits

The Internal Revenue Service (“IRS”) announced today (November 6, 2019) the following dollar limit...

Read More >

COVID-19 FAQs

The recent novel coronavirus (COVID-19) outbreak has caused significant disruption to the global eco...

Read More >

New Jersey Lessens COVID-19 Restrictions on Non-Essential Construction Projects and Retail Businesses

Seyfarth Synopsis: Governor Murphy has signed multiple Executive Orders which will lessen the COVID-...

Read More >