1. SEC’s Ongoing Scrutiny of Executive Perquisites and Benefits

    SEC’s Ongoing Scrutiny of Executive Perquisites and Benefits

    On August 4, 2021, the U.S. Securities and Exchange Commission (SEC or Commission) announced settled charges against National Beverage Corp. (NBC) relating to NBC’s failure to disclose executive perquisites provided to its CEO. [1] The SEC’s fifth perquisite case in a little over a year, this settlement signals the Commission’s continued focus on undisclosed perks, a priority articulated in 2020...

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