Frauds & Scandals

SEC Charges Compass Minerals for Misleading Investors about Its Operations at World’s Largest Underground Salt Mine

Company also Charged for Disclosure Control Failures Involving Mercury Contamination in Brazil September 24, 2022/US SEC The Securities and Exchange Commission today announced settled charges against Compass Minerals International Inc. for misleading investors about a technology upgrade that the company claimed would reduce costs at its most significant mine, but […]

Boeing to Pay $200 Million to Settle SEC Charges that it Misled Investors about the 737 MAX

Former CEO Agrees to Settle to Same Charges and Pay $1 Million September 22, 2022/US SEC The Securities and Exchange Commission today charged The Boeing Company and its former CEO, Dennis A. Muilenburg, with making materially misleading public statements following crashes of Boeing airplanes in 2018 and 2019. The crashes […]

SEC Charges Former EY Employee with Insider Trading

September 22, 2022/US SEC The Securities and Exchange Commission charged Michael Weiss with insider trading in the stock of four Ernst & Young LLP (“EY”) clients or prospective clients (“EY Client Companies”) made while he was employed as an EY Business Development Director. The SEC’s complaint, filed in federal court […]