Content about U.S. Securities and Exchange Commission

April 22, 2013
Former Office Depot COO charged with insider trading
A Monday report by Forbes said that former Office Depot COO Mark Begelman has been charged with profiting off confidential information.
April 10, 2013
J.C. Penney’s Ullman resigns from Saks board

In not-so-unexpected news, a regulatory filing with the SEC revealed that J.C. Penney’s new CEO Mike Ullman has resigned from Saks Inc.’s board of directors.

April 2, 2013
SEC: Companies can use social media to put out information

The Securities and Exchange Commission said that companies can social media platforms such as Twitter and Facebook to make significant announcements as long as they alert investors about which sites they plan to use for the disclosures.

April 1, 2013
Sears former CEO D’Ambrosio saw pay shrink almost 90% in 2012

An SEC filing revealed that Sears Holdings Corp. former CEO Louis D’Ambrosio, who stepped down in February citing family health issues, saw his total compensation package shrink nearly 90% from the prior year.

March 29, 2013
CVS Caremark chief’s compensation leapt 44% last year

An SEC filing revealed that the total compensation for CVS Caremark Corp. CEO Larry Merlo jumped 44% last year to $20.3 million.

March 27, 2013
Wal-Mart: Loss from bribery probe likely

Wal-Mart Stores Inc. revealed in a Tuesday SEC filing that it will most likely incur a loss from bribery probes into its operations in Mexico and other countries.

March 11, 2013
Barnes & Noble signs CEO to new employment pact

Barnes & Noble Inc. signed an employment agreement with CEO William Lynch to remain in his post for another two years, according to a filing with the U.S. Securities and Exchange Commission.

November 26, 2012
Head of S.E.C. to step down

Mary L. Schapiro, the first woman to be permanent chairman of the U.S. Securities and Exchange Commission, announced she will step down on Dec. 14.

November 26, 2012
Head of S.E.C. to step down

Mary L. Schapiro, the first woman to be permanent chairman of the U.S. Securities and Exchange Commission, announced she will step down on Dec. 14.

September 21, 2012
CEO Compensation Trends

Executive compensation has always been a hot topic in corporate America — and the retail industry is no exception. These days, two trends are upping the attention paid to pay at the top: the ongoing move to performance-based equity, and the scrutiny compensation packages are receiving from increased SEC regulations and shareholder involvement.

June 1, 2012
Sears Holdings files for partial spin off of its interest in Sears Canada

Hoffman Estates, Ill. -- Sears Holdings announced that Sears Canada has filed a Registration Statement on Form 20-F with the U.S. SEC in connection with the company’s previously announced plan to spin-off a portion of its interest in Sears Canada.

June 1, 2012
Shareholders meet for Wal-Mart annual meeting

Wal-Mart Stores is expected to face scrutiny from shareholders at its annual meeting on Friday in the wake of allegations of bribery in Mexico.

March 30, 2012
Michaels Stores files IPO

Michaels Stores Friday confirmed that it is has filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to the proposed initial public offering of its common stock.

March 21, 2012
Securities fraud lawsuit against Best Buy dismissed

Best Buy Co. said that the U.S. District Court has dismissed putative securities fraud class actions against the retailer and three of its officers.

November 30, 2011
Steadfast Capital names chief marketing officer

Steadfast Cos. said that Richard Gann has been hired as chief marketing officer for Steadfast Capital Markets Group, the company’s securities and financial services division.

November 8, 2011
Syms Corp. stock to be delisted

Syms Corp. said that its stock will be delisted as of November 15, 2011 and that Nasdaq will file a Form 25-NSE with the Securities and Exchange Commission, which will remove the company’s securities from listing and registration on the Nasdaq.

September 27, 2011
Ex-Carter’s exec charged with fraud

U.S. prosecutors have charged former Carter’s senior VP Joseph Elles with securities fraud, according to a report by the Associated Press.

September 9, 2011
Kohl’s delays quarterly filing

Kohl’s said it has notified the U.S. Securities and Exchange Commission that it is delaying filing its second quarter filing as its deals with previously reported errors in its accounting for both store and equipment leases.

July 18, 2011
President of Build-A-Bear Workshop to retire

John Haugh announced that he plans to retire as president of Build-A-Bear Workshop Inc., effective July 22, according to a company filing with the Securities and Exchange Commission.

July 11, 2011
Dunkin’ sets IPO price range

Dunkin’ Brands Group is seeking to raise as much as $460.6 million in its initial public offering, 15% more than the company planned in May, Bloomberg reported.

June 9, 2011
Major Barnes & Noble shareholder reduces stake

According to a Wednesday filing with the SEC, major Barnes & Noble shareholder, Aletheia Research & Management, has cut its stake in the bookseller from 10.6% to 8.65%.

June 6, 2011
Borders executive VP and chief merchant resigns

Borders Group executive VP and chief merchandising officer Michele Cloutier has resigned, Borders said in a late afternoon Friday filing with the U.S. Securities and Exchange Commission.

May 23, 2011
Sears CFO calls it quits

Sears Holdings has named William Phelan as acting CFO, replacing Michael Collins, currently SVP and CFO, who resigned last week to pursue another opportunity, the company reported in an SEC filing.

May 9, 2011
CVS Caremark discloses SEC inquiry

CVS Caremark Corp. is disclosing another government inquiry into its business, as the company said the Securities and Exchange Commission has requested documents related to its Caremark pharmacy benefits management unit, the Associated Press reported.

April 15, 2011
Zale cleared by SEC

Zale Corp. announced Friday that it has been cleared by the Securities and Exchange Commission in its investigation and that the SEC will not take any action against the company.

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