(EDS)


NasdaqGS - NasdaqGS Delayed Price. Currency in USD
1.650.00 (0.00%)
At close: 3:59 PM EDT
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Open0.00
Prev Close1.65
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Ask0.00 x
Day's Range0.00 - 0.00
52wk Range
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  • Reuterslast year

    SEC charges eight insiders over 'going private' transactions

    Eight corporate officers, directors and major shareholders were charged by the U.S. Securities and Exchange Commission on Friday with waiting too long to tell the investing public of material changes relating to their plans to take three companies private. The defendants, who did not admit or deny wrongdoing, will pay $258,750 of civil fines for allegedly concealing steps to effect "going private" transactions, such as forming shareholder groups, obtaining necessary waivers, and determining how transactions should be conducted. While the penalties are not large and the three companies are not household names, the cases reflect SEC Chair Mary Jo White's "broken windows" approach to enforcing securities laws, which assumes the pursuit of relatively small cases will deter others from bigger violations. "Investors are entitled to current and accurate information about the plans of large shareholders and company insiders," Andrew Ceresney, head of the SEC enforcement division, said in a statement.

  • TheStreet.com2 years ago

    3 Stocks Pushing The Consumer Goods Sector Lower

    TheStreet highlights 3 stocks pushing the Consumer Goods sector lower today.

  • theflyonthewall.com3 years ago

    Exceed Co. enters into merger agreement with 'going private' transaction

    Exceed Co. enters into merger agreement with 'going private' transaction