'CSX Receives SEC Subpoena Over Accounting Restatement; Railroad Company Says It Has Been Responding To The SEC Regarding Its Non-Financial Performance Metrics' - WSJ

Benzinga · 10/17 18:16

https://www.wsj.com/business/c-suite/csx-receives-sec-subpoena-over-second-quarter-earnings-report-5a358421?mod=latest_headlines

 

CSX said it received a subpoena from the Securities and Exchange Commission over an accounting restatement disclosed in the railroad company's second-quarter earnings report.

The Jacksonville, Fla., company, which operates in much of the eastern U.S., Thursday said it also has been responding to information requests by the SEC's enforcement division about its non-financial performance metrics.