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Entergy Settles SEC Investigation with $12 Million Penalty

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Entergy Settles SEC Investigation with $12 Million Penalty

Entergy ( (ETR) ) has provided an announcement.

Entergy Corporation has reached a settlement with the U.S. Securities and Exchange Commission to resolve an investigation into its internal controls and inventory management. The company will pay a $12 million civil penalty and has implemented enhanced inventory processes and controls, which did not materially affect its inventory value.

More about Entergy

YTD Price Performance: 50.18%

Average Trading Volume: 3,510,782

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $31.94B

See more insights into ETR stock on TipRanks’ Stock Analysis page.

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