‘Enforcement 40’ for 2020
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By Securities Docket on December 9, 2020, 10:57 am
On Dec. 4, the U.S. Securities and Exchange Commission brought its first enforcement action charging a public company, The Cheesecake Factory Inc., with misleading investors about the financial effects of the pandemic. The case is significant because it shows that the agency is moving past its initial bout of enforcement activity targeting blatantly fraudulent activity […]