Daily Archives: January 30, 2022, 10:40 am

Remediation Helps Tech Company Avoid Penalties

“For companies wondering what types of remedial actions and cooperation might be credited by the Commission after a company uncovers fraud, this case offers an excellent example,” said Gurbir S. Grewal, Director of the SEC’s Division of Enforcement. “HeadSpin’s remediation and cooperation included not just its internal investigation and revised valuation, but also repaying harmed investors and improving its governance—all…

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