Global aerospace company AAR Corp. has agreed to pay more than $55 million to resolve allegations of bribing Nepalese and South African public officials, the U.S. Securities and Exchange Commission said on Thursday. The amount involved settlements with the SEC …
Becton, Dickinson & Co. has agreed to a $175 million fine over Securities and Exchange Commission claims it repeatedly misled investors about one of its most important products. The regulator said Becton Dickinson was aware an infusion pump it manufactured …
UPS will pay $45 million to settle charges that it improperly valued its freight division, the Securities and Exchange Commission announced. The regulator agency said that UPS materially misrepresented its earnings because it failed to follow generally accepted accounting principles …
Ripple Labs Inc. was ordered by a federal judge to pay a civil penalty of $125 million for selling its XRP token to institutional investors, a fraction of what U.S. regulators had sought in a lawsuit against the company. The …
Intercontinental Exchange, Inc., which owns the New York Stock Exchange, agreed to pay $10 million to settle Securities and Exchange Commission allegations that the exchange giant failed to immediately tell the SEC about a hack of its systems in 2021. …
Morgan Stanley is close to an agreement to pay $200 million to $300 million to resolve a yearslong US investigation into its employees’ handling of stock sales big enough to move markets, a probe that rattled major clients and reverberated …
NEW YORK –– The U.S. Securities and Exchange Commission on Monday sued software company SolarWinds Corp. and its top information security executive, saying they defrauded investors by hiding cybersecurity weaknesses during a massive hack targeting the U.S. government. The SEC …
Janice Shell likes to sniff out fraud. An art historian by training, she once spent her days digging through Renaissance archives in Italy. Now 74, retired and living in suburban Philadelphia, she pores over financial filings instead. She hunts for …
SAN DIEGO — New rules proposed by the US Securities and Exchange Commission on cybersecurity and climate impact disclosures may generate more lawsuits that will generate claims against directors & officers policies, panelists said Wednesday during the Professional Liability Underwriting …
The U.S. Securities and Exchange Commission has recommended an enforcement action against SolarWinds Corp. over its public statements on cybersecurity and procedures governing such disclosures, the software firm said on Thursday. The Austin, Texas-based company also said in a filing …