SEC USES SOX ‘CLAWBACK’ TO RECOVER CEO'S BOGUS BONUSES SEC v. McCarthy | Secondary Sources | Westlaw

SEC USES SOX ‘CLAWBACK’ TO RECOVER CEO'S BOGUS BONUSES SEC v. McCarthy | Secondary Sources | Westlaw

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SEC USES SOX ‘CLAWBACK’ TO RECOVER CEO'S BOGUS BONUSES SEC v. McCarthy

26 No. 19 WJCODL 4Westlaw Journal Corporate Officers & Directors Liability (Approx. 2 pages)

SEC USES SOX ‘CLAWBACK’ TO RECOVER CEO'S BOGUS BONUSES SEC v. McCarthy

26 No. 19 WJCODL 4Westlaw Journal Corporate Officers & Directors Liability (Approx. 2 pages)

26 No. 19 Westlaw Journal Corporate Officers & Directors Liability 4
Westlaw Journal Corporate Officers & Directors Liability
*1 March 14, 2011
Sarbanes-Oxley/Clawback
Copyright © 2011 Thomson Reuters .

SEC USES SOX ‘CLAWBACK’ TO RECOVER CEO'S BOGUS BONUSES

SEC v. McCarthy

The Securities and Exchange Commission has used the Sarbanes-Oxley Act's “clawback” provision to recover millions in cash and stock bonuses that the CEO of Beazer Homes USA received because of an alleged stock inflation scheme, even though he was not...
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