• Home
  • About
  • Webcasts
  • ‘Enforcement 40’ for 2020
  • Enforcement Hall of Fame
  • Contact
Securities Docket
Securities-Docket-Leaderboard_9Sec
  • Class Actions
  • Criminal
  • Global
  • People
  • SD Insider
  • SEC
  • Video
  • Subscribe by email
  • Subscribe
Browse: Home / 2020 / July / 28 / Under Armour facing potential SEC enforcement over accounting practices | Article | Compliance Week

Under Armour facing potential SEC enforcement over accounting practices | Article | Compliance Week

By Securities Docket on July 28, 2020, 9:15 am

Under Armour revealed in a regulatory filing Monday that its accounting practices are the subject of a pending enforcement action by the Securities and Exchange Commission (SEC).

The Baltimore-based athletic wear manufacturer and two of its executives received Wells Notices from the regulator, which indicate SEC staff have made a preliminary determination suggesting enforcement action against an entity or individual. A Wells Notice is not a formal charge, nor does it represent a final determination. The executives facing potential discipline are Kevin A. Plank, Under Armour’s executive chairman & brand chief, and David E. Bergman, the chief financial officer.

via Under Armour facing potential SEC enforcement over accounting practices | Article | Compliance Week.

Blog Widget by LinkWithin

Posted in SEC, Top | Tagged Under Armour

« Previous Next »

‘Enforcement 40’ for 2020

Ankura 260x250

Our Sponsors

Securities-Docket_260x125_14Sec Ankura 260x125

Join Us On LinkedIn

Join the Securities Litigation and Enforcement Group on LinkedIn

Archives

Copyright © 2021 Securities Docket.

Powered by WordPress and Hybrid.