NEW YORK (Reuters) – Alphabet, Goldman Sachs and a group of other firms agreed to pay a combined $3.8 million in civil penalties to settle U.S. Securities and Exchange Commission charges over late filings, the regulator said on Wednesday.
The firms charged in connection with beneficial ownership of publicly traded companies and their respective penalties are:
* Sunbeam Management, LLC – $40,000; * TALANTA Investment Group, LLC – $45,000; * Grays Peak Ventures LLC – $65,000; * Stilwell Value LLC – $75,000; * BSC, LP – $75,000; * Bain Capital Credit Member, LLC – $130,000; * FIG LLC, which conducts business under the name FortressInvestment Group – $200,000; * Adage Capital Management, L.P. – $200,000; * Essex Woodlands Management, Inc. – $225,000; * The Goldman Sachs Group, Inc. – $300,000; * Oaktree Capital Management, L.P. – $375,000; * The Bank of Nova Scotia – $375,000 * Alphabet Inc. – $750,000
(Reporting by Chris Prentice)
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