January 18, 2017 BY LeapRate Staff
Marketing agency MDC Partners hit with $1.5M SEC fine for not disclosing CEO perks
The U.S. Securities and Exchange Commission today announced that New York-based marketing company MDC Partners Inc (NASDAQ:MDCA) has agreed to pay a $1.5 million penalty to settle charges that it failed to disclose certain perks enjoyed by its then-CEO and separately violated non-GAAP financial measure disclosure rules. The SEC’s order finds that MDC Partners disclosed…
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