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Former CFO Agrees to Fine and to Cease-and-Desist Disclosure Violations
SEC v. Christopher A. Black
- 2009
- $25,000
Defendant, former senior vice president and chief financial officer of marine transportation and manufacturing company American Commercial Lines, Inc., was found to have selectively disclosed material, nonpublic information regarding ACL’s second quarter 2007 earnings forecast to a limited number of analysts without simultaneously making that information available to the public.
