buckwheat1911
Well-Known Member
Damn,
The Securities and Exchange Commission on Monday charged former McDonald’s Chief Executive Stephen Easterbrook with making false and misleading statements to investors about the circumstances of his 2019 termination.
The SEC hit Easterbrook with a five-year officer and director bar and a $400,000 civil penalty.
McDonald’s fired Easterbrook in November 2019 for exercising “poor judgment” by engaging in a relationship with a McDonald’s employee, the SEC said.
But Easterbrook failed to disclose other additional violations of company policy he committed by engaging in undisclosed relationships with other employees of the fast-food giant, it said.
The Securities and Exchange Commission on Monday charged former McDonald’s Chief Executive Stephen Easterbrook with making false and misleading statements to investors about the circumstances of his 2019 termination.
The SEC hit Easterbrook with a five-year officer and director bar and a $400,000 civil penalty.
McDonald’s fired Easterbrook in November 2019 for exercising “poor judgment” by engaging in a relationship with a McDonald’s employee, the SEC said.
But Easterbrook failed to disclose other additional violations of company policy he committed by engaging in undisclosed relationships with other employees of the fast-food giant, it said.
