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NEW YORK (Reuters) – The U.S. Securities and Exchange Commission (SEC) on Monday said it has charged the former chief executive officer of McDonald’s Corporation (NYSE:MCD) with making false and misleading statements to investors about the circumstances of his termination in November 2019.
The SEC said in a statement its cease-and-desist order against McDonald’s former CEO Stephen Easterbrook includes an officer and director bar and a $400,000 civil penalty.
