U.S. SEC fines Telefonica Brasil over World Cup tickets [Reuters]
Telefonica Brasil S.A. American Depositary Shares (Each representing One Common Share) (VIV)
US:NYSE Investor Relations:
telefonica.com.br/ir
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Source: Reuters
U.S. SEC fines Telefonica Brasil over World Cup tickets - Reuters 2 Min Read (Reuters) - Telefonica Brasil SA will pay a $4.13 million civil fine to settle U.S. Securities and Exchange Commission charges over incentives provided to 127 government officials in connection with soccer’s 2014 World Cup and 2013 Confederations Cup. The SEC on Thursday said Telefonica Brasil’s books failed to accurately reflect payments for tickets and hospitality awarded to officials capable of influencing legislative, regulatory and business activity involving the Sao Paulo-based telecommunications company, Brazil’s largest. It said this violated the books and records and internal accounting controls provisions of the federal Foreign Corrupt Practices Act, an anti-bribery law. Telefonica Brasil, which sells services under the Vivo brand and is a unit of Spain’s Telefonica SA, did not admit or deny wrongdoing in agreeing to settle. In a statement confirming the settlement, Telefonica Brasil said it has a s
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VIV
News
- Telefônica Brasil S.A. (NYSE: VIV) had its price target lowered by analysts at Barclays PLC from $13.50 to $13.00. They now have an "equal weight" rating on the stock.MarketBeat
- Telefônica Brasil S.A. (NYSE: VIV) had its price target raised by analysts at Barclays PLC from $13.00 to $13.50. They now have an "equal weight" rating on the stock.MarketBeat
- Telefonica Brasil's Q4 Earnings: Strong Buy For Income Investors [Seeking Alpha]Seeking Alpha
- TELEFÔNICA BRASIL S.A. ANNOUNCES THE FILING OF ITS ANNUAL REPORT ON FORM 20-F FOR FISCAL YEAR 2023PR Newswire
- VIV vs. TU: Which Stock Should Value Investors Buy Now? [Yahoo! Finance]Yahoo! Finance
VIV
Sec Filings
- 4/16/24 - Form 6-K
- 4/16/24 - Form 6-K
- 4/16/24 - Form 6-K
- VIV's page on the SEC website