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> "NVIDIA agreed to a cease-and-desist order and to pay a $5.5 million penalty." Cost of doing business.
by Lukineus 4y ago
> "NVIDIA agreed to a cease-and-desist order and to pay a $5.5 million penalty."
Cost of doing business.
- hef19898 4y agoYes, on the other hand not being called out by the SEC for insufficient disclosures helps with investor trust.
- ekianjo 4y agothats pocket money for nvidia
- H8crilA 4y agoMore like the SEC lacked evidence that this was intentional. Remember about the SEC whistleblower program, if you had inside proof of intent the fine would be a lot higher, and you'd get a share of the fine!
- JumpCrisscross 4y agoThis sets the stage for shareholder lawsuits, which are better equipped to assess actual damages.
- nullc 4y agoMany of these actions are specifically geared to tee off civil lawsuits, so the total cost can be significantly greater.