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|    comp.dcom.telecom    |    Telecommunications digest. (Moderated)    |    17,262 messages    |
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|    Message 16,815 of 17,262    |
|    Bill Horne to All    |
|    AT&T And SEC Settle Regulation FD Enforc    |
|    27 Dec 22 16:15:38    |
      From: malQRMassimilation@gmail.com              by Abbe L. Dienstag, Alan Friedman, Dani James, Darren LaVerne,       Todd E. Lenson, Michael Martinez, Thomas E. Molner, Gary P Naftalis,       Jordan M. Rosenbaum, Steven Sparling, Jenna Burch-Smith, and       Kathleen Telfer              On Dec. 5, the Securities and Exchange Commission (SEC) announced that       AT&T has agreed to a $6.25 million penalty, resolving charges brought       against it under the securities rule known as Regulation Fair       Disclosure (Regulation FD), the largest Regulation FD penalty exacted       to date. Three midlevel executives from the company’s Investor       Relations department will also each pay $25,000 to settle charges that       they “aided and abetted” AT&T’s violations. As part of the settlement,       the company and the executives neither admit nor deny the       allegations. The case is also notable for producing one of the only       judicial decisions to apply Regulation FD in adversarial litigation       since its publication over 20 years ago. Judge Paul Engelmayer’s       September opinion denying cross-motions for summary judgment is likely       to become the “textbook case” on this scarcely litigated regulation.              https://www.mondaq.com/article/news/1264166?q=1803232&n=649&tp=9&tlk=2&lk=45              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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