Posts Tagged ‘ Securities and Exchange Commission (SEC) ’

Former View CFO Back in Court

Sep 14th, 2023

In July, the Securities and Exchange Commission (SEC) charged View Inc.’s former chief financial officer Vidul Prakash for failing to tell investors about projected warranty-related liabilities. The failure to disclose information coincided with View going public in 2021 through a merger with CF Finance Acquisition Corp. The SEC charged Prakash with violating negligence-based antifraud, proxy […]

Fortune Brands Registers Public Offering of $600 Million

Jun 8th, 2023

Fortune Brands Innovations Inc. announced a registered public offering this week of $600 million in aggregate principal amount of 5.875% senior unsecured notes set to mature in 2033. According to officials, the weighted-average interest rate will be approximately 4.5%, net of interest rate hedges established in late 2021 in anticipation of the offering. In August […]

Jeld-Wen Names Michael Leon Senior VP, Chief Accounting Officer

Mar 30th, 2023

According to a Securities and Exchange Commission (SEC) filing, Jeld-Wen Holding Inc. appointed Michael A. Leon as the company’s senior vice president and chief accounting officer. Leon replaces Scott Vining, who will be leaving the company after the close of its first financial quarter to ensure a smooth transition. Leon has extensive financial and accounting […]

Masonite Closure Reflects Company’s ‘2022 Plan’

Mar 6th, 2023

[DWM] has confirmed that Masonite Corp. will close its door fabrication plant in Stockton, Calif., displacing 100 or more employees. In a notification letter filed with California’s Workforce Services Division, officials said the company expects the closure to be permanent, with operations set to be phased out between April 2023 and May 5, 2023. Workers […]

Builders FirstSource and BMC Reboot Waiting Period for Merger

Oct 21st, 2020

After announcing plans for an all-stock merger transaction with BMC Stock Holdings Inc. (BMC), officials for Builders FirstSource (BFS) restarted the period for merger review last week by voluntarily withdrawing and refiling notification with the U.S. Department of Justice (DOJ) and the Federal Trade Commission (FTC). The two companies entered into an Agreement and Plan […]