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ISS Discusses Largest Securities-Related Class Action Settlements of 2023

Reynolds Holding

in August 2019, wiping out about $36 billion in market capitalization. A week after a New York Times article exposed some of the practices in July 2017, the company admitted in a SEC filing that it had been aware of the problems previously. According to the complaint, the undisclosed cost cuts ultimately led to a massive $15.4

Banking 59
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SEC Announces Enforcement Results for FY 2022

Reynolds Holding

Charges against audit firm CohnReznick LLP for improper professional conduct on engagements for two clients in 2017. million in municipal bonds across two offerings in 2017 and 2018. A litigated matter charging Vale S.A. , These actions included: Litigated and settled actions charging Allianz Global Investors U.S.