JD Supra

Disclosure Controls and Whistleblower Provisions Remain a Priority: What Activision Blizzard’s $35 Million Workplace Misconduct and Whistleblower Protection Settlement Means ...

On February 3, 2023, the Securities and Exchange Commission (“SEC”) announced that Activision Blizzard Inc. (“Activision”) — the publicly traded video game developer and publisher of such well-known ...
JD Supra

Is It Time to Take a Fresh Look at Disclosure Controls and Procedures for CEO/CFO Certifications?

In New England Carpenters Guaranteed Annuity and Pension Funds v. DeCarlo (Aug. 2023), the Second Circuit held, among other things, that CEO/CFO certifications mandated by SOX Section 302 constitute ...
The Financial

Activision Blizzard to Pay $35 Million for Failing to Maintain Disclosure Controls

The Securities and Exchange Commission today announced that Activision Blizzard Inc., a video game development and publishing company, agreed to pay $35 million to settle charges that it failed to ...
Reuters

Wave of cyber-related SEC enforcement activity may signal increased scrutiny

December 09, 2024 - On Oct. 22, 2024, the Securities and Exchange Commission ("SEC") announced four settled enforcement orders against issuers concerning materially misleading disclosures related to ...
Hosted on MSN

Best Buy’s strong disclosure controls: A commitment to transparency and compliance

Best Buy Co. (BBY) has disclosed a new risk, in the Corporate Activity and Growth category. Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with ...
Forbes

What The SEC’s SolarWinds Charges Mean For CFOs And Their Peers—8 Steps To Forge A Chain Of Accountability

The U.S. Securities and Exchange Commission’s (SEC’s) disclosure-related charges against software company SolarWinds and its chief information security officer (CISO) are a game-changer. The ...
Polygon

Activision Blizzard to pay $35M fine in SEC settlement

Activision Blizzard will pay $35 million to settle U.S. Securities and Exchange Commission charges that the company broke government rules on whistleblower protection and investor disclosure. The SEC ...
Law

When Security Fails: Increasing Focus at the SEC on Cybersecurity Disclosure and Internal Controls

Virtually all of the world's commercial data and information has become remotely accessible from almost anywhere, creating an explosion of corporate productivity and efficiency, as well as a ...
Law

SEC's Increased and Expanding Focus on Cybersecurity Disclosures

Recent enforcement actions, proposed rule-making and increased staffing reflect the SEC Enforcement Division's expanding focus on cybersecurity incidents and corresponding disclosures. While the ...