Title
Inadequate Perk Disclosure Remains in SEC’s Sights
Client Memorandum
Created date
6/8/2020
A $900,000 fine is a reminder for companies to use care in tracking and disclosing all elements of executive compensation.
Executive perks may not be material to a company's financial condition. But the latest in a series of SEC cases shows that the expense, distraction, and potential reputational impact of an enforcement investigation can be significant.
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