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Last updated on April 19, 2014 at 18:42 EDT

Latest Henry C. Yuen Stories

2005-10-11 15:57:34

WASHINGTON (Reuters) - The U.S. Supreme Court on Tuesday upheld the Securities and Exchange Commission's power to freeze payments to corporate executives during investigations of possible securities law violations. In a win for the SEC, the top court declined to hear an appeal from a lower court brought by two former executives of TV Guide publisher Gemstar-TV Guide International Inc.. "The decision confirms the SEC's authority to prevent companies from paying extraordinary amounts...