SEC Brings Enforcement Action for Disclosure Failures During Merger Talks
By EsqSocial Corporation 23/01/17
The SEC announced that Allergan Inc. had agreed to admit securities law violations and pay a $15 million penalty for disclosure failures in the wake of a hostile takeover bid. The SEC’s order finds that Allergan failed to disclose in a timely...
By: Stinson Leonard Street - Dodd-Frank and the