Company Settles Charges Over Undisclosed Perks, Improper Use of Non-GAAP Measures
January 18, 2017
January 18, 2017
WASHINGTON, Jan. 18 -- The Securities and Exchange Commission issued the following news release:
The Securities and Exchange Commission today announced that New York-based marketing company MDC Partners has agreed to pay a $1.5 million penalty to settle charges that it failed to disclose certain perks enjoyed by its then-CEO and separately violated non-GAAP financial measure disclosure rules.
The SEC's order finds that MDC Partners disclosed an annual $500,000 perqu . . .
The Securities and Exchange Commission today announced that New York-based marketing company MDC Partners has agreed to pay a $1.5 million penalty to settle charges that it failed to disclose certain perks enjoyed by its then-CEO and separately violated non-GAAP financial measure disclosure rules.
The SEC's order finds that MDC Partners disclosed an annual $500,000 perqu . . .