Brian Burke

Brian Burke

Dorsey & Whitney LLP

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SEC Fines ADT Inc. $100k for Non-GAAP Disclosure in Earnings Releases

On December 26, 2018, the SEC filed a cease-and-desist order and fined ADT Inc. (“ADT”) $100,000 for its use of non-GAAP financial measures without giving equal or greater prominence to the comparable GAAP financial measures....more

1/10/2019  /  Cease and Desist Orders , Corporate Fines , Disclosure Requirements , EBITDA , Enforcement Actions , Financial Reporting , GAAP , Non-GAAP Financial Measures , Regulation S-K , Securities and Exchange Commission (SEC)
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