Defendant Name:
The Cheesecake Factory Incorporated
Defendant Type:
Public Company
Document Reference:
2020-306
Document Details
Legal Case Name
In the Matter of The Cheesecake Factory Incorporated
Document Name
SEC Charges The Cheesecake Factory for Misleading COVID-19 Disclosures
Document Date
04-Dec-2020
Document Format
Administrative Proceeding
Allegation Type
Issuer Reporting and Disclosure
Document Summary
The SEC stated that: "[It] settled chargesagainst The Cheesecake Factory Incorporated for making misleading disclosures about the impact of the COVID-19 pandemic on its business operations and financial condition. The action is the SEC's first charging a public company for misleading investors about the financial effects of the pandemic."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Cooperation Before the Resolution
Monetary Penalties:
Civil Penalty
Individual:
$125,000.00
Shared: