By Jeff Dale2024-03-08T17:23:00
Footwear company Skechers agreed to pay $1.25 million to settle charges by the Securities and Exchange Commission (SEC) of failing to disclose payments to executives’ family members.
Skechers U.S.A. agreed to cease and desist from further violations in reaching settlement, the SEC announced in a press release Thursday. The agency acknowledged remedial acts promptly undertaken by the company and cooperation afforded to commission staff.
From 2019 through 2022, Skechers failed to disclose related person transactions involving two relatives of its executives and a consulting relationship involving a person who shared a household with another executive, the SEC alleged in its order.
2024-06-13T16:54:00Z By Aaron Nicodemus
Registered investment adviser Anson Funds Management and exempt reporting adviser Anson Advisers will combine to pay more than $2 million for allegedly misleading investors about their short fund strategy and related recordkeeping violations.
2024-03-22T20:10:00Z By Jeff Dale
The Securities and Exchange Commission charged a New York-based attorney for allegedly engaging in improper conduct by violating her obligations to remain independent after preparing an independent compliance report for a company.
2023-09-28T17:44:00Z By Kyle Brasseur
A former engagement quality review partner at Marcum agreed to pay a $30,000 penalty and be suspended as part of a settlement with the Securities and Exchange Commission addressing alleged violations of audit standards in his work at diversified holding company Ault Alliance.
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Georgia Tech Research Corp. (GTRC) has agreed to pay $875,000 to settle allegations first raised by two compliance officers that its cybersecurity protocols violated acceptable standards for defense contractors, the Department of Justice (DOJ) said.
2025-10-06T17:12:00Z By Adrianne Appel
Tractor Supply Company has agreed to get into compliance with California’s consumer privacy law and to pay a $1.35 million fine—the largest yet by California—to settle allegations it violated the privacy rights of customers and job applicants.
2025-10-06T16:46:00Z By Aly McDevitt
A single $33,000 shipment to Iran triggered a six-figure penalty and years of compliance oversight for biotechnology company LuminUltra Technologies, Inc.
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