[ENEWS Message] US Securities and Exchange Commission (SEC)
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After the investigation of the king Google IPO, the Google did not punish Google. Google's general lawyer, seems to be light, and it seems to be tired. In August last year, Google IPC has caused sensation and uneasiness from all walks of life. For some, SEC determines the boundary, a comprehensive investigation of Google's IPO. On January 13 this year, SEC announced that Google failed to publish more than 80 million yuan of employee equity before IPO. In this regard, Google and its general lawyer David Drummond agreed to stop this violations. However, unexpectedly, SEC did not make a penalty for Google. In April last year, Google's founder Page and Bolin have accepted the interview of "Flower Mon" magazine when submitting documents to IPO, and then this news was transmitted in August, which triggered the social debate. Google had to correct the sec file. SEC has not made a penalty for Google's violations, and SEC is old.
Jinshan
The Office of the Office of the Office, "Our decisions include the handling of Google's IPO." Obviously, the decision of SEC has enabled Google. However, in view of Google without registered employee equity before IPO, SEC requires its detailed financial information to employees and investors. SEC found that Google's general lawyer knows that this practice violates the relevant regulations or allows Google to keep financial secrets to continue to allocate equity. FAGEL pointed out that the general lawyer did not notify the Google Board of Directors to notify this approval of this allocation equity. "The company has no right to not smell this rule, sitting on." In July last year, the sec informed Drummond, he might face a civil allegation. This matter is taken out of his previous problems. As early as 2002, Drummond was the Chief Financial Officer (CFO) of SmartForce, and the company and Skillsoft merged. In 2002, Drummond joined Google, and his previous company was requested to re-audit for the previous three years of finance, and most of the data re-audited was a problem left by Drummond's CFO. Sec and Google have not commented on Drummond's previous problems, and Drummond has not made any statement. A spokesman for Google said that Drummond's work is safe. "Drummond fully supports our company and leadership." The problem of frying boiled Google and its two senior lawyers seems to have too much impact on this search giant, It still has huge attractions to investors. Google's IPO has made its market value of $ 53 billion, than in August last year.
Listing
It increased by 130%. With the announcement of the results of the SEC survey, potential investors don't seem to