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Federal Court Authorizes Clawback of Bonuses from CEO Under SOX

In a case of first impression, <i>SEC v. Jenkins</i>, the United States District Court for the District of Arizona refused to dismiss an action brought by the SEC seeking reimbursement of bonuses and securities trading profits from a corporate CEO under Section 304 of SOX.

12 minute read August 21, 2010 at 03:58 PM
By
Robert S. Reder
Federal Court Authorizes Clawback of Bonuses from CEO Under SOX

In a case of first impression, SEC v. Jenkins, CV-09-1510-PHX-GMS (D. Ariz.

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