regulatory
confidence high
sentiment positive
materiality 0.40
SEC ends probe of ORIC CFO Piscitelli with no enforcement action
Oric Pharmaceuticals, Inc.
- CFO Dominic Piscitelli received SEC subpoena in March 2020 re: trading in unrelated companies.
- On August 17, 2021, SEC informed Piscitelli investigation concluded without recommending action.
- Investigation pertained solely to personal trading of other companies, not ORIC.
- Resolution removes potential overhang for CFO and company.