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Porter Wright Morris & Arthur LLP | USA | 16 Nov 2011

SEC settles clawback case against former csk auto executive at the second attempt

On Tuesday, November 15, 2011, the SEC announced that it had reached a settlement with Maynard L. Jenkins, the former chief executive officer of CSK Auto Corporation, who agreed to re-pay approximately $2.8 million of the over $4 million in bonus compensation and stock profits that he received while the company was committing accounting fraud.


Porter Wright Morris & Arthur LLP | USA | 21 Jul 2011

Negotiations in SEC clawback case collapse when Commission rejects settlement proposal from its own staff

The SEC's Commissioners have rejected a proposed settlement to "claw back" a portion of the bonuses and stock sale profits a former CEO received during a period of accounting fraud.


Piper Alderman | Australia | 10 May 2010

Mining tax raises investment risk

Yesterday's announcement by BHP Billiton Chief Executive Marius Kloppers that an expansion of the company's Olympic Dam uranium and copper mine in South Australia could be affected by the country's proposed so-called resource super-profits tax comes as no surprise.


Borden Ladner Gervais LLP | Canada | 12 Feb 2009

Continuous disclosure obligations recent developments

As 2009 begins and issuers prepare to satisfy their annual public disclosure obligations, we would like to highlight some of the developments in Canadian continuous disclosure obligations during the past year.

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