SEC Settles Charges Against Company, Former Executive For Failure to Disclose Perks

August 15, 2023

In June 2023, the Securities and Exchange Commission (“SEC”) announced a settlement of charges against Stanley Black & Decker, Inc. (“SBD”) for failure to make necessary disclosures of perquisites provided to certain members of its executive team and a director. The SEC also announced a settlement of charges against a former executive of SBD for causing SBD to violate several sections of federal securities laws.

CGR Memo - SEC Settles Charges Against Company, Former Executive For Failure to Disclose Perks