December 02, 2022
AT&T Inc. has agreed to pay $6.25 million to end U.S. Securities and Exchange Commission claims that the telecommunications giant and three of its mid-level executives broke the law by selectively leaking company information to Wall Street analysts, the parties told a New York federal court Friday.
September 08, 2022
A New York federal judge on Thursday sent to trial a U.S. Securities and Exchange Commission suit alleging AT&T Inc. and three mid-level executives broke the law by selectively leaking company information to Wall Street analysts, saying the agency has "formidable" evidence that the disclosed information was material and nonpublic.
July 06, 2022
A Manhattan federal judge suggested Wednesday that he might cut loose three AT&T Inc. investment relations managers from a U.S. Securities and Exchange Commission lawsuit over selective leaks to analysts, questioning why senior executives who "choreographed" the disclosures weren't charged.
January 03, 2022
The coming year's highest-profile cases developing in New York courts include a foreign-lobbying probe of Rudy Giuliani, an "espionage lite" indictment targeting real estate billionaire and fellow Trump supporter Thomas Barrack, and possible criminal groping charges against former Gov. Andrew Cuomo.
May 28, 2021
Counsel for AT&T Inc. told a Manhattan federal judge Friday that securities regulators' suit accusing it of unlawfully disclosing information to influence earnings forecasts will fail because it didn't lie and because the alleged conduct was not material to its bottom line.
March 05, 2021
The U.S. Securities and Exchange Commission filed suit against AT&T and three of its investor relations executives Friday for allegedly making selective disclosures of nonpublic information to research analysts.