disclosures News

As Climate Risks Increase, New York Could Require Flood Disclosures in Home Sales

HIGHLAND FALLS, N.Y. (AP) — Alan Oligario`s home is prone to flooding — and he wishes someone had told him before he bought it. His initial flood came in the first year after he bought the house in Highland Falls, …

SEC Sues Brazilian Miner Vale Over ‘False and Misleading’ Dam Claims

The U.S. Securities and Exchange Commission on Thursday sued Brazilian miner Vale SA for allegedly making false and misleading disclosures about the safety of its dams ahead of a 2019 disaster that killed 270 people. Beginning in 2016, Vale manipulated …

Companies Walk Legal Tightrope as Earnings Season Kicks Off

WASHINGTON — U.S. companies are grappling with how best to provide guidance on their earnings outlook as the novel coronavirus takes uncertainty to new heights and exposes them to potential shareholder lawsuits if forecasts prove misplaced. Measures to contain the …

Intel Says It Will Share Pay Data Most Companies Keep Secret

Intel Corp. says it will publicly release employee pay data, broken down by race and gender later this year. For the first time, every company with more than 100 employees is required to report the same to the Equal Employment …