Altera Gets SEC Information Request
Altera
(ALTR)
has received a request from the
Securities and Exchange Commission
asking the company to voluntarily provide information relating to its communications with equity analysts and their firms.
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The company is cooperating fully in this matter, Altera said in a press release late Thursday.
According to a
Dow Jones
report earlier Thursday, the request comes after a public apology that Altera issued in July to a former Wells Fargo analyst who had alleged that he was denied access to conference calls and other communication as punishment for negativity on the company's stock.
"As previously stated, Altera's policy is to grant access to all analysts who cover the company," the company said in the statement.
Wells Fargo exited the equities research business on Aug. 2.
