Categories: OLD Media Moves

SEC investigates TheStreet.com

The Securities and Exchange Commission is investigating TheStreet.com for how it recorded revenues from a subsidiary, according to a Reuters story.

The story states, “The company, founded by television personality and former hedge fund manager Jim Cramer, made the announcement in a form it sent to the SEC in which it asked for more time to prepare its financial statements.

“The probe relates to how revenue was recorded at an online promotions subsidiary called Promotions.com, which TheStreet.com sold in December.

“A spokesman for TheStreet.com declined to comment.”

Read more here.

Recent Posts

Bloomberg Industry Group hires Mays as investigative reporter

Bloomberg Industry Group has hired Mackenzie Mays as an investigative reporter. Mays currently covers state government and…

18 hours ago

WSJ seeks a senior video journalist

The Wall Street Journal is seeking a senior video journalist to join its Features video…

2 days ago

PCWorld executive editor Ung dies at 58

PCWorld executive editor Gordon Mah Ung, a tireless journalist we once described as a founding father…

4 days ago

CNBC taps Sullivan as “Power Lunch” co-anchor

CNBC senior vice president Dan Colarusso sent out the following on Monday: Before this year comes to…

5 days ago

Business Insider hires Brooks as standards editor

Business Insider editor in chief Jamie Heller sent out the following on Monday: I'm excited to share…

5 days ago

Is this the end of CoinDesk as we know it?

Former CoinDesk editorial staffer Michael McSweeney writes about the recent happenings at the cryptocurrency news site, where…

6 days ago