SEC inquiry
This article was originally published in The Tan Sheet
Executive Summary
Schering receives "Wells Notice" March 11 notifying firm of SEC staff decision to recommend the commission bring a civil action against firm and CEO Richard Kogan regarding Oct. 3 earnings warning, which was preceded by closed-door investor meetings (1"The Tan Sheet" Nov. 18, 2003, p. 13). Schering can now file legal brief...