‘Enforcement 40’ for 2020
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By Securities Docket on January 31, 2020, 1:27 pm
Airbus SE paid $4 billion (€3.6 billion) to settle global bribery and trade charges with French, UK, and U.S. authorities Friday after an eight-year investigation triggered by a British whistleblower. Airbus paid French national prosecutor Parquet National Financier (PNF) about €2.1 billion ($2.3 billion). It’s the biggest anti-bribery enforcement action by French authorities. via Airbus […]
By Securities Docket on January 31, 2020, 12:28 pm
Companies have increasingly corrected accounting mistakes through revisions as the volume of restatements plummeted over the past decade. The informal corrections allow companies to avoid the fanfare of a full restatement with the requisite press releases and SEC filings—possibly masking a broader problem for investors. One study found that almost half of revisions had an […]