CSK Auto News

At a time when keeping old cars running instead of buying a new ride translates into a solid bottom line for O'Reilly Automotive, the company's new headquarters building is rising on South Patterson Avenue.

Federal officials are stepping up their use of "clawbacks" to recover executive pay for company performances that proved illusory, filing their second case in four months against a company CEO who was not accused of individual misconduct.

Federal regulators may try to collect bonus money awarded to the top executive of Beazer Homes USA Inc.

Last summer, when the Securities and Exchange Commission sued former CSK Auto CEO Maynard Jenkins to recover $4 million he earned between 2002 and 2004, the agency made history: It was the first time the SEC had brought an enforcement action solely under the clawback provision of Sarbanes-Oxley . The suit didn't charge Jenkins with any wrongdoing; ...

The government has told a federal judge in Phoenix that it is not misusing its "clawback" power to recoup $4 million in bonuses from the ex-CEO of CSK Auto Corp.

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Advance Auto Parts Inc. has launched its own e-commerce Web site, allowing the company to sell parts online for the first time in roughly eight months.

Phoenix-based CSK Auto Inc. and On the Edge Marketing of Orange County in California have agreed to pay a $240,000 fine for selling illegal gasoline-powered blenders primarily to California tailgaters.

The U.S. Securities and Exchange Commission's attempt to claw back more than $4 million in compensation from the former chief executive officer of an Arizona automobile parts retailer raises "constitutional questions of the gravest magnitude," the defense argues in a motion to dismiss filed on Tuesday.

The SEC needs to crack down on accountants, too. THE HEALTH-CARE "DEBATE" HAS SUCKED SO much oxygen off Capitol Hill that our lawmakers have ceased burning Wall Street's dark wizards at the stake.

Section 304 of the Sarbanes-Oxley Act provides that: If an issuer is required to prepare an accounting restatement due to the material noncompliance of the issuer, as a result of misconduct, with any financial reporting requirement under the securities laws, the chief executive officer and chief financial officer of the issuer shall reimburse the ...

The US Securities and Exchange Commission's attempt to use - " for the first time - " a "clawback" law against an executive who is not accused of any wrongdoing marks a new hard-hitting approach at an agency under pressure to restore its reputation.

Restaurant company DineEquity Inc. appoints Randi Val Morrison as secretary and general counsel.

The Securities and Exchange Commission is breaking new ground by trying to force the former CEO of a corrupt company to pay back $4.1 million in bonuses -- even though he had nothing to do with the corruption.

SOX section 304 provides for clawbacks on misstatements. How to enforce this? The SEC may have come up with something new : The U.S. Securities and Exchange Commission will for the first time demand that a chief executive officer forfeit profits from a fraud he didna t orchestrate, people familiar with the matter said.

U.S. regulators asked a court Wednesday to order the former head of CSK Auto Corp.

Regulators are seeking more than $4 million from the former chief executive of auto parts retailer CSK Auto Corp., accusing him of profiting while the company allegedly committed accounting fraud.

After adding 1,500 U.S. stores, including locations in 12 new states, all in the last 12 months, O'Reilly Automotive Inc.

The nation's third largest auto parts retailer, O'Reilly Auto Parts, is bringing up to 400 new jobs to Puyallup.

Standard & Poor's will make the following changes in the S&P/TSX Venture Composite Index after the close of trading on Wednesday, May 27, 2009: - The shares of Cadiscor Resources Inc.