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Cheesecake Factory Fibs Freak Out Feds: Eatery Chain OKs Penalty For ‘False Or Misleading’ Money Claims

The Securities and Exchange Commission announced Friday that Calabasas-based Cheesecake Factory Inc. will pay a $125,000 penalty for making “false or misleading” disclosures about the impact of the COVID-19 pandemic on its business operations and financial condition. This is the first time the SEC has brought allegations against a public company for misleading investors about […]

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