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Sarbanes-Oxley News & Developments
Disney Settles over Nepotism DealsIn April 2002, the media giant announced reforms within its corporate governance guidelines, but Disney did not disclose many of the arrangements in question until months later.
> > The SEC has settled charges that between 1999 and 2001, The Walt Disney Co. failed to disclose certain deals between the company and its directors and failed to disclose certain compensation paid to a director.
Source: CFO
Published:2004-12-22
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