By and  on October 27, 2011

NEW YORK — The pressure is growing on Avon Products Inc. and its chairman and chief executive officer Andrea Jung.

Shares of the beauty company sank 18.3 percent in trading Thursday after the company disclosed in a regulatory filing that the U.S. Securities and Exchange Commission had issued a subpoena Wednesday requesting information regarding its contacts with Wall Street analysts. It is the second SEC investigation into the company’s activities.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus