CEO Fined $500,000 for Failure to Make HSR Filings Prior to Vesting of Restricted Stock
Date: 12/20/11
Comcast Corp. Chief Executive Officer Brian L. Roberts will pay $500,000 to settle allegations that he violated premerger notification laws by failing to notify federal antitrust authorities prior to the vesting of restricted stock units received as part of his executive compensation plan, according to a complaint and proposed consent decree filed by the Department of Justice on December 16, 2011, at the request of the Federal Trade Commission.CGR Memo - CEO Fined $500000 For Failure to Make HSR Filings Prior to Vesting of Restricted Stock.pdf (pdf | 116.41 KB )