SEC launches WeWork probe: report

The U.S. Securities and Exchange Commission has launched an inquiry into WeWork to determine if the company violated reporting rules ahead of its doomed planned public offering.

Citing two unnamed sources, Bloomberg reported that SEC investigators are scrutinizing disclosures made to investors while the company embarked on aggressive fundraising efforts and completed transactions that posed potential conflicts of interest.   ...more

RSK: More to come I am sure!



- - Volume: 7 - WEEK: 47 Date: 11/19/2019 7:52:00 AM -