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AT&T pays $6.25m to settle disclosure violations

Photo: Getty Images

The settlement of the charges related to the selective disclosure of material non-public information to research analysts by three company executives.

In March 2021 the SEC charged AT&T and three of its executives with repeatedly violating Regulation FD and Section 13(a) of the Securities Exchange Act of 1934.

According to the SEC charges, in March 2016 AT&T and its executives realised that the company’s revenues would fall significantly short of analyst