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SEC accuses Ashford of making misleading disclosures to investors about cyber attack

( January 14, 2025, 00:23 GMT | Official Statement) -- MLex Summary: The Securities & Exchange Commission claims Dallas-based Ashford Inc., which provides investment management services to the real estate and hospitality sectors, filed several quarterly and annual reports that misrepresented the scope of a cyber attack and ransomware demand by a foreign threat actor. The company agreed to settle the case for $115,000 in civil penalties.See attached filing....

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