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July 24, 2009
"CEO Not Charged With Fraud But SEC Pursues Clawback Anyway"
For the first time, the SEC is "[using] the Sarbanes-Oxley Act's 'clawback' provision to recover compensation from an individual not otherwise alleged to have violated the securities laws". Kevin LaCroix and Larry Ribstein explain.
Posted by Walter Olson at 12:36 AM
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Corporate Governance
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