Tag: US Securities and Exchange Commission

Here you will find all the articles with the tag: US Securities and Exchange Commission.

Ericsson pleads guilty to federal bribery, will pay a $206M fine

Ericsson pleads guilty to federal bribery, will pay a $206M fine

The decision comes after the Swedish company violated a 2019 deferred prosecution agreement (DPA) with the US Department of Justice (DoJ). The company was found to have withheld evidence involving misconduct in several foreign states and failed to provide prompt and sufficient information regarding... Read more

date7 months ago
Ingram Micro files to go public

Ingram Micro files to go public

Ingram Micro has submitted an initial public offering (IPO) statement to the US Securities and Exchange Commission. In a press release, Ingram Micro announced that the number and prices of shares have not yet been established. Subject to market conditions and other circumstances, the initial p... Read more

date1 year ago
Switch sued by investors over misinforming on $11 billion merger

Switch sued by investors over misinforming on $11 billion merger

Investors are suing data center operator Switch for failing to disclose important financial information when pursuing an $11 billion merger with DigitalBridge Group and IFM Investors. Shareholders Marc Waterman and Denise Redfield filed two separate lawsuits in the Federal Court in New York la... Read more

date1 year ago
Nvidia fined €5.2 million for lying about revenue

Nvidia fined €5.2 million for lying about revenue

Cryptominers are a bigger source of revenue than Nvidia cared to admit. The US Securities and Exchange Commission (SEC) supervises markets in the United States. The SEC enforces several laws, including rules on communications between shareholders and organizations. Organizations must communicate... Read more

date1 year ago