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SEC charges Stanley Black & Decker over executive perks disclosure

Boxes of Stanley, Black & Decker tools
Photo: Adobe Stock Images

SEC settles charges against Stanley Black & Decker for failing to disclose perks it provided certain executives, but imposes no money penalty.

The SEC has announced settled charges against Stanley Black & Decker Inc. (SBD), a publicly traded tools company, for failing to disclose perquisites it provided to certain executives. In addition, Jeffery D Ansell, a former SBD executive, agreed to settle charges that he caused Stanley Black & Decker to violate