Joanna Enns

Joanna Enns

Vinson & Elkins LLP

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Non-GAAP Nonsense: SEC Charges DXC Technology with Misleading Non-GAAP Reporting and Deficient Disclosure Controls

On March 14, 2023, the Securities and Exchange Commission (“SEC”) issued a cease-and-desist order (the “Order”)1 and charged DXC Technology Company (“DXC”), an IT company based in Virginia, with violations of Rule 100(b) of...more

3/29/2023  /  Cease and Desist Orders , Civil Monetary Penalty , EBITDA , GAAP , Investors , Material Misstatements , Misclassification , Popular , Regulation G , Securities and Exchange Commission (SEC)
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