Remove companies rtx-corp
article thumbnail

Four New Enforcement Themes Emerge at SEC

Intelligize Blog

The financial cops last month announced charges against three former executives of software company Kubient Inc. tied to allegations of a scheme to fudge the company’s revenue from two stock offerings. Companies caught up in the sweep, which yielded nearly $4 million in penalties, included Goldman Sachs and Alphabet.

article thumbnail

Del. Justices Seek Reasons To Revive Raytheon Incentive Suit

Law 360

Delaware's chief justice pressed a stockholder attorney Wednesday to provide more justification for resurrecting a Chancery Court suit claiming the company didn't seek stockholder approval for allegedly unfair changes to a multimillion-dollar RTX Corp. incentive plan.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

RTX's $34M No-Poach Deal Gets First Nod From Conn. Judge

Law 360

A Connecticut federal judge on Friday gave an initial approval to a $34 million class action settlement by RTX Corp. to end claims that the company's Pratt & Whitney division cooked up an agreement among contractors not to hire one another's aerospace engineers.

52
article thumbnail

RTX Shareholder Moves Jet Engine Stock Feud To Del.

Law 360

An RTX Corp. stockholder has agreed to move from Connecticut to Delaware a proposed federal derivative suit accusing the former Raytheon jet engine-maker of failing to disclose reliability and fuel economy problems with a mainstay line of turbofan engines, costing the company billions.

40
article thumbnail

RTX Misled Investors About Jet Engines, Pension Fund Claims

Law 360

Executives at RTX Corp., formerly known as Raytheon, issued "false and misleading" statements in annual reports about the reliability and fuel economy of the company's Pratt & Whitney jet engines, leading to billions in losses, the New England Teamsters Pension Fund has alleged in a proposed class action.

40
article thumbnail

Disclosures Reveal Companies’ Early Reactions to U.S. Tariff Policy

Intelligize Blog

Meanwhile, individual companies have been sorting out what the new tariffs on goods imported from other countries will mean for their own businesses. Heres a look at what some companies are saying about the reverberations of the new U.S. companies are facing in planning for the future. trade policy.