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Stock Market News

AT&T and SEC regulator settled the charges

12/05/2022

Less than a minute

2022.12.05 14:42

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AT&T settles SEC charge of disclosing nonpublic information to research analysts
AT&T and SEC regulator settled the charges

Budrigannews.com – Monday, the Securities and Exchange Commission of the United States stated that AT&T (NYSE:) agreed to pay a penalty of $6.25 million to settle allegations of leaking confidential information to research analysts.

The SEC said in a statement that AT&T agreed to pay the penalty and that three company executives would each pay $25,000 for the March 2021 charges. However, the defendants did not admit or deny the allegations in the complaint.

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