Your email has been successfully added to our mailing list.

×
-0.000138060102164481 0.000475540351899733 -0.0032060623724862 -0.00381966282655064 -0.00259246191842199 -0.0113362683888387 -0.0124100691834512 -0.0124100691834512
Stock impact report

Clovis Oncology, execs to pay $20 million to settle SEC charges [Reuters (UK)]

Clovis Oncology, Inc. (CLVS) 
Last clovis oncology, inc. earnings: 2/24 04:05 pm Check Earnings Report
Company Research Source: Reuters
Clovis Oncology, execs to pay $20 million to settle SEC charges | Reuters 1 Min Read WASHINGTON (Reuters) - U.S. biotechnology company Clovis Oncology Inc and its Chief Executive Patrick Mahaffy and former CFO Erle Mast, will pay more than $20 million to settle charges of misleading investors about the efficacy of a cancer drug, the top U.S. securities regulator said on Tuesday. The Securities and Exchange Commission said they agreed to the settlement without admitting or denying the allegations, and that the settlements are subject to court approval. According to the SEC, Clovis continually told investors that its drug, Roci, caused targeted tumors to shrink in 60 percent of patients, when data showed it had actually caused tumor shrinkage in 42 percent of patients. Once Clovis disclosed the true efficacy rate at the end of 2015, its stock price dropped about 70 percent, the SEC added. Reporting by Lisa Lambert; Editing by Bill Berkrot All quotes delayed a minimum of 15 minutes. See Show less Read more
Impact Snapshot
Event Time:
CLVS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for CLVS alerts
Opt-in for
CLVS alerts

from News Quantified
Opt-in for
CLVS alerts

from News Quantified