share_log

Financial Crime Weekly: Becton, Dickinson And Co. Pays $175 Million Penalty, Express Fails To Disclose CEO's Full Compensation

Financial Crime Weekly: Becton, Dickinson And Co. Pays $175 Million Penalty, Express Fails To Disclose CEO's Full Compensation

金融犯罪週報:BECTON DICKINSON & CO 6% DEP SHS REP 1/20 MAN CONV PREF SER B 支付了17500萬美元的罰款,Express未能披露首席執行官的全部薪酬
Benzinga ·  12/21 22:30

Becton, Dickinson And Co. Agrees To Pay $175 Million Civil Penalty

BECTON DICKINSON & CO 6% DEP SHS REP 1/20 MAN CONV PREF SER B同意支付17500萬美元的民事罰款

The Securities and Exchange Commission on Monday announced it had settled charges against Becton, Dickinson and Company (NYSE:BDX), known as BD, for repeatedly misleading investors about risks associated with its continued sales of its Alaris infusion pump and for overstating its income by failing to record the costs of fixing multiple software flaws with the pump. BD agreed to pay a $175 million civil penalty.

美國證券交易委員會週一宣佈已與BECTON DICKINSON & CO(紐交所:BDX)達成和解,該公司因反覆誤導投資者有關其持續銷售Alaris輸液泵的風險,及未能記錄修復該泵多個軟體缺陷的成本而高估了收入。BD同意支付17500萬美元的民事罰款。

Read More: 'Mystery Drone' Sightings Spark Investigations, Politicians Respond: 'Shoot Them Down,' Trump Says

閱讀更多:'神祕無人機'目擊事件引發調查,政治家回應:'擊落它們,'特朗普表示

"BD repeatedly painted a misleading picture of its Alaris infusion pump for investors and then doubled down by keeping them in the dark when the device's issues came to a head with the FDA in late 2019," said Sanjay Wadhwa, Acting Director of the SEC's Division of Enforcement.

「BD反覆對其Alaris輸液泵向投資者描繪誤導性的畫面,並在2019年底FDA對該設備的問題變得嚴重時,讓投資者矇在鼓裏,」SEC執法部代理董事Sanjay Wadhwa說。

"Public companies have a fundamental duty to accurately disclose material business risks and should expect to be held accountable when they fall short in that regard," Wadhwa added.

Wadhwa補充道:「上市公司有基本的責任準確披露重大業務風險,並應預期在這方面未能做到時被追究責任。」

The SEC's order finds that BD violated antifraud, reporting, internal accounting controls, books and records and disclosure controls provisions of the federal securities laws. BD agreed to cease and desist from further violations of these provisions, to retain an independent compliance consultant to review and make recommendations concerning its disclosure controls and procedures and to the $175 million civil penalty, without admitting or denying the SEC's findings.

SEC的命令發現BD違反了聯邦證券法的反欺詐、報告、內部會計控制、賬簿和記錄及信息披露控制規定。BD同意停止進一步違反這些規定,聘請獨立合規顧問審查並提出有關其信息披露控制和程序的建議,並支付17500萬美元的民事罰款,且不承認或否認SEC的調查結果。

Express Fails To Disclose CEO's Full Executive Compensation

Express未能披露CEO的全部高管薪酬

The SEC announced on Tuesday that it has settled charges against fashion retailer Express, Inc. (OTC:EXPRQ) for failing to disclose executive compensation it paid to its now former CEO with Express agreeing to a cease-and-desist order, without admitting or denying the SEC's findings.

SEC週二宣佈已與時尚零售商Express, Inc.(場外交易:EXPRQ)達成和解,該公司因未能披露其現任已離職CEO的高管薪酬而受到指控,Express同意接受禁止令,且不承認或否認SEC的調查結果。

According to the SEC's order, Express failed to disclose $979,269 worth of perks and personal benefits provided to its CEO for fiscal years 2019, 2020, and 2021. As a result, Express understated the "All Other Compensation" portion of its CEO's compensation by an average of 94% over the three years. The company filed for Chapter 11 bankruptcy earlier this year.

根據SEC的命令,Express未能披露其首席執行官在2019、2020和2021財政年度享受的價值979,269美元的福利和個人利益。因此,Express在這三年間低估了其首席執行官的「所有板塊補償」部分,平均低估了94%。該公司今年早些時候申請了第11章破產。

"Public companies have a duty to comply with their disclosure obligations regarding executive compensation, including perks and personal benefits, so that investors can make educated investment decisions," said Sanjay Wadhwa, Acting Director of the SEC's Division of Enforcement.

SEC執法部的代理董事Sanjay Wadhwa表示:「上市公司有責任遵守有關高管薪酬的披露義務,包括福利和個人利益,以便投資者能夠做出明智的投資決策。」

"Here, although Express fell short in carrying out its obligation, the Commission declined to impose a civil penalty based, in part, on the company's self-report, cooperation with the staff's investigation, and remedial efforts," Wadhwa added.

Wadhwa補充說:「在這裏,儘管Express未能履行其義務,但委員會決定不施加民事罰款,部分原因是公司自行報告、與調查人員的合作以及補救措施。」

  • 'Santa Came Early' But Fed Brings 'Coal Next Year': Experts Weigh In On Interest Rate Cut, 2025 Projections
  • 專家評估:雖然"聖誕老人來得早",但聯儲局明年將帶來"煤":對減息和2025年預測的看法

Image: Yildiray Yücel Kamanmaz from Pixabay

圖片來源:Yildiray Yücel Kamanmaz來自Pixabay

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
    搶先評論