Securities Lawyer 101 l Brenda Hamilton

Securities Lawyer 101 l Brenda Hamilton

Friday, September 11, 2015

SEC Charges Bankrate and Former Executives with Securities Fraud

Going Public LawyerOn September 8, 2015, the Securities and Exchange Commission ( SEC ) announced that Bankrate Inc. has agreed to pay $15 million to settle accounting and securities fraud charges. Three former executives also are charged in the case that involves fraudulent manipulation of the company s financial results to meet analyst expectations. The Commission alleges that Bankrate s then-CFO Edward DiMaria, then-director of accounting... Read MoreGoing Public Lawyer

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