Diageo Charged with Disclosure Failures by the SEC

Diageo Charged with Disclosure Failures by the SEC

Alcohol producer Diageo plc, has been charged by the Securities and Exchange Commission (SEC) for violating antifraud provisions of  Section 17(a)(2) and (3) of the Securities Act of 1933 and particular reporting provisions of the federal securities laws.  Diageo’s lack of necessary disclosure of trending shipments and sales, has lead to a misleading idea of