- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Aaron Nicodemus2023-03-02T20:00:00
An Oregon-based freight transportation company and its former chief executive officer will pay a total of $1.1 million to settle charges from the Securities and Exchange Commission (SEC) the firm failed to disclose perks related to the use of a private jet owned by the CEO.
Greenbrier Companies agreed to pay a $1 million fine and cease and desist from future violations of federal securities law as part of its settlement. The company’s co-founder, former CEO, and former executive chairman, William Furman, agreed to pay a $100,000 penalty. Furman will continue to serve on Greenbrier’s board of directors until 2024, the SEC said.
Neither Greenbrier nor Furman admitted or denied the agency’s findings.
You are not logged in and do not have access to members-only content.
If you are already a registered user or a member, SIGN IN now.
2023-12-14T18:23:00Z By Kyle Brasseur
The board of British oil and gas giant BP announced its remuneration determinations after finding former CEO Bernard Looney committed “serious misconduct” in his disclosure of personal relationships with company colleagues.
2023-03-14T16:38:00Z By Adrianne Appel
Evoqua Water Technologies Corp. agreed to pay $8.5 million to resolve charges the actions of a former company finance director led the firm to misstate its revenue in filings with the Securities and Exchange Commission.
2023-01-09T19:21:00Z By Aaron Nicodemus
The Securities and Exchange Commission found McDonald’s violated federal securities law when it failed to fully disclose material factors regarding the firing of former Chief Executive Stephen Easterbrook in 2019.
2025-03-27T13:11:00Z By Jeff Dale
The U.K. Financial Reporting Council issued penalties against PwC and a former auditor over deficiencies on work related to the 2019 financial statements of now shuttered Wyelands Bank.
2025-03-27T12:49:00Z By Aaron Nicodemus
Yet another government contractor has been slapped with a fine by the Department of Justice for applying lax cybersecurity defenses on sensitive government data.
2025-03-26T18:48:00Z By Oscar Gonzalez
The European Commission released its preliminary findings last week regarding Apple and Google not complying with the Digital Markets Act. It issued orders to both companies regarding their business practice and plans to release all of its findings next week.
Site powered by Webvision Cloud