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SEC staff targets Beazer Homes CEO over bonus pay (AP)

In this May 16, 2006 photo, Beazer Homes CEO Ian McCarthy is photographed in their Dunwoody corporate headquarters, in Atlanta. Beazer Homes said in a regulatory filing Monday, Nov. 16, 2009, that Securities and Exchange Commission staff issued a so-called Wells notice to CEO Ian McCarthy, citing an anti-fraud law provision allowing the government to 'claw back' compensation in some instances. (AP Photo/Atlanta Journal & Constitution, Louie Favorite)AP - Federal regulators may try to collect bonus money awarded to the top executive of Beazer Homes USA Inc. covering periods when the homebuilder restated financial results.


This entry was posted on Monday, November 16th, 2009 at 8:51 pm and is filed under Business, Market News. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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