August 16, 2017
A New York federal court on Wednesday signed off on settlements between the U.S. Securities and Exchange Commission and two former Bankrate Inc. executives in a suit accusing them of improperly inflating earnings to meet analysts' predictions for the personal finance information company.
September 15, 2016
Two former Bankrate Inc. executives can't dodge most of the U.S. Securities and Exchange Commission's claims that they improperly inflated quarterly earnings for the company to meet analysts' expectations, a New York federal judge said Wednesday.
September 08, 2015
The U.S. Securities and Exchange Commission said Monday it has fined Bankrate Inc. $15 million to settle accounting fraud charges, and that it is suing two former executives over an alleged scheme to puff up quarterly earnings for the personal finance information company.