Future Tech

AT&T settles SEC charge of disclosing nonpublic information to research analysts

Tan KW
Publish date: Tue, 06 Dec 2022, 08:44 AM
Tan KW
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Future Tech

WASHINGTON - The U.S. Securities and Exchange Commission said on Monday that AT&T agreed to pay a $6.25 million penalty to settle charges of disclosing nonpublic information to research analysts.

AT&T agreed to pay the penalty and three company executives agreed to pay $25,000 apiece stemming from the charges brought in March 2021, the SEC said in a statement, adding the defendants did not admit or deny the allegations in the complaint.

 


  - Reuters

 

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