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Firm Memoranda

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

Date: 08/15/23

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.pdf (pdf | 227.86 KB )