general electric says sec has issued wells notice

GE Gets Wells Notice from SEC Linked to Accounting

Oct 06, 2020 · The U.S. Securities and Exchange Commission (SEC) issued a Wells Notice to General Electric Co. (GE). The SEC could be recommending a civil action for violating securities laws. GE has been accused from investigator Harry Markopolos in 2019 about hiding massive losses. Harry Markopolos investigation targeted GE Capital. GE Shares Fall After Company Says It Got SEC Wells Notice Oct 06, 2020 · General Electric Co. shares turned negative in afternoon trading, recently down 4% to $6.16 after trading higher earlier. Commission filing that SEC staff issued a "Wells notice

GE dips 3.2% after receving Wells Notice from SEC (NYSE:GE

Oct 07, 2020 · General Electric (NYSE:GE) shares are sliding, -3.2%, after it's disclosed receiving a Wells Notice from the SEC.; The SEC has been conducting an investigation of GE facing potential SEC action over accounting issues Oct 07, 2020 · In its latest regulatory filing, GE said it was issued a Wells Notice by SEC staff on Sept. 30 relating to historical premium deficiency testing for GE Capitals run-off insurance operations, as well as GEs disclosures relating to such run-off insurance operations. GEs stock falls off a cliff after Wells notice Oct 06, 2020 · In an 8-K filing with the SEC at 2:00 p.m. Eastern, GE said that on Sept. 30, the SEC staff issued a Wells notice advising the company that it was considering a recommendation that the SEC

General Electric (GE) - Forbes

General Electric Says SEC Has Issued 'Wells Notice' Recommending Civil Action Over Shaky Accounting Practices GE shares fell nearly 4% on the news. The SEC's investigation remains ongoing. General Electric :GE Says It Has Received 'Wells Notice Oct 06, 2020 · Message :* Required fields. By Theo Francis. General Electric Co. said it has received a notice from the staff at the Securities and Exchange Commission warning that the agency could bring a civil action against the company for violating securities laws. The industrial giant said in a securities filing Tuesday that it received the so-called Wells notice on Sept. 30 over the company's accounting for General Electric Gets SEC Wells Notice Amid Accounting Oct 07, 2020 · General Electric Gets SEC Wells Notice Amid Insurance Accounting Probe GE said it disagrees with the SEC's move to issue a Wells Notice linked to some of its accounting practices and is

GE Says It Has Received 'Wells Notice' From SEC Relating

Oct 07, 2020 · A Wells notice is a letter saying the SEC staff is recommending that the commission bring an enforcement action against the recipient and offers an opportunity to