Friday, September 11, 2015

SEC Charges Bankrate and Former Executives with Securities Fraud


Going Public LawyerOn September 8, 2015, the Securities and Exchange Commission ( SEC ) announced that Bankrate Inc. has agreed to pay $15 million to settle accounting and securities fraud charges. Three former executives also are charged in the case that involves fraudulent manipulation of the company s financial results to meet analyst expectations. The Commission alleges that Bankrate s then-CFO Edward DiMaria, then-director of accounting... Read MoreGoing Public Lawyer
https://www.securitieslawyer101.com/2015/sec-charges-bankrate-and-former-executives-with-securities-fraud/

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