Tags » U-S-securities-and-exchange-commission

Obsidian Energy settles with U.S. Securities Commission over fraud charges

Obsidian Energy Ltd. says it has reached a US$8.5-million settlement with the U.S. Securities and Exchange Commission over fraud-related charges filed earlier this year.

The SEC had alleged the company and three executives participated in a “multi-year accounting fraud” where hundreds of millions of dollars were moved from operating expense accounts to capital expenditure accounts to improve the appearance of its operating metrics. 97 more words

Energy

Richard Smith Rewarded For Fuckin Up.

Richard Smith was the CEO of Equifax … until Tuesday when he stepped down from his position.  Or was asked to step down.  The investigation into what happened in the Equifax… 12 more words

Featured

Toys ‘R’ Us Files for Bankruptcy, No Stores Slated to Close (at Least for Now)

Ahead of its Sept. 26 second-quarter earnings call, toy giant Toys “R” Us has voluntarily filed for bankruptcy protection in the Eastern District of Virginia as a means of unburdening itself from massive debt on its balance sheet, $400 million of which comes due next year. 719 more words

Channel

Guardian Life Insurance Subleases 148K SF From Coach at 10 Hudson Yards

Guardian Life Insurance Co. of America has agreed to sublease more than 148,000 square feet of space from Coach Inc. at 10 Hudson Yards on Manhattan’s Far West Side, the luxury handbag retailer disclosed in a regulatory filing today. 399 more words

Channel

Why Apple's $2.5 billion Maple issue is set to be the benchmark for foreign investors

What next after Apple?

That’s the challenge for the next Maple bond issuer, given the “WOW” factor that accompanied this week’s first issue by Apple Inc. 572 more words

FP Street

Twitter Tells SEC Why it Doesn't Disclose This Key Data to Investors

Wall Street knows that Twitter has a problem attracting new users. But what nobody outside the company knows is exactly how many people use the service daily because the social media company does not disclose it. 468 more words

Tech

Ski, eat pizza and dress on the cheap: some CEO perks

Gone are the days when Tyco International ponied up millions of dollars to indulge its executives’ lavish lifestyles, including Dennis Kozlowski’s US$15,000 dog umbrella stand. But some public companies still give bosses some tasty tidbits with their multimillion-dollar pay packages. 595 more words

United States