© Reuters. The AT&T logo is seen in a store window in the Manhattan borough of New York City, New York, U.S., January 19, 2022. REUTERS/Brendan McDermid/File Photo
WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission said on Monday that AT&T (NYSE:) agreed to pay a $6.25 million penalty to settle charges of disclosing nonpublic information to research analysts.
AT&T agreed to pay the penalty and three company executives agreed to pay $25,000 apiece stemming from the charges brought in March 2021, the SEC said in a statement, adding the defendants did not admit or deny the allegations in the complaint.
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