je.st
news
Tag: sec
The SEC just clawed back $4 million from the former CEO of tech giant ...
2015-06-06 09:12:56| IT Services - Topix.net
In the last year, it's suffered layoffs, filed a lawsuit against a CEO whose company it bought, and announced plans to split into two companies to combat falling revenues. On Friday, the SEC alleged that eight former CSC executives engaged in "accounting and disclosure fraud" in multiple ways, including with a contract from the company's largest customer, the UK's National Health Service .
CSC Agrees To $190M Settlement With SEC Over Accounting Fraud Charges
2015-06-05 22:42:36| IT Services - Topix.net
The Securities and Exchange Commission Friday charged CSC and eight former executives of the solution provider giant with multiple counts of accounting fraud. The Falls Church, Va.-based solution provider has agreed to a $190 million penalty to settle the case.
Tags: sec
accounting
charges
fraud
CSC to pay $190 million to settle SEC charges
2015-06-05 18:43:19| IT Services - Topix.net
The Securities and Exchange Commission on Friday sealed a $190 million settlement with Computer Sciences Corp. in connection with accounting fraud charges against the information-technology services provider. The agency had reached a tentative settlement with Computer Sciences worth the same amount in December, but recent media reports suggested that in-fighting at the agency could result in a lower fine.
CSC, former execs charged by SEC with manipulating results
2015-06-05 17:41:55| IT Services - Topix.net
CSC agreed to pay a $190 million penalty to settle the charges, and five of the eight charged executives agreed to settlements, including former CEO Michael Laphen returning more than $3.7 million to the company under the clawback provision and paying a $750,000 penalty.
Sources: SEC Probes Alleged Misspending by Dow Chemical
2015-06-04 22:29:46| Chemicals - Topix.net
The U.S. Securities and Exchange Commission is investigating allegations that Andrew Liveris, chairman and chief executive officer of industrial giant Dow Chemical Co , misused company funds for personal benefit, according to people familiar with the matter. It is not clear whether the SEC investigation is limited to the spending allegations or is broader in scope.
Tags: sources
sec
chemical
alleged
Sites : [9] [10] [11] [12] [13] [14] [15] [16] [17] [18] [19] [20] [21] [22] [23] [24] [25] [26] [27] [28] next »