Deals
Argo Group Gets SEC Subpoena Over Executive Compensation
- Insurer says it has been subpoenaed for documents over perks
- Inquiries come after proxy fight with Voce Capital this year
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Argo Group International Holdings Ltd. has been subpoenaed by U.S. securities regulators about perks for its executives and is conducting an internal review.
The U.S. Securities and Exchange Commission is seeking documents focused on Argo’s disclosures about executive compensation, the company said in response to inquiries from Bloomberg News. Its independent directors are conducting a review of its governance and compensation matters, the company said.