SEC charges McDonald’s ex-CEO with misrepresenting his 2019 firing

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SEC charges McDonald’s ex-CEO with misrepresenting his 2019 firing
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The SEC sued former McDonald's CEO Steve Easterbrook for misleading investors about inappropriate workplace relationships that led to his firing.

after Easterbrook’s firing found he had engaged in physical sexual relationships with three other employees while leading the company. The SEC said Easterbrook knew — or should have known — that his failure to disclose those relationships shaped what the company chose to tell investors about his termination and pay package.

in a statement. “By allegedly concealing the extent of his misconduct during the company’s internal investigation, Easterbrook broke that trust with — and ultimately misled — shareholders.”

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