SoftBank faces enquiry over Arora's exit: Report
SoftBank is reportedly facing an enquiry from the US Securities and Exchange Commission (SEC) over former President Nikesh Arora’s activities before he resigned last week. SEC is probing whether Arora had conflict of interest or engaged in questionable behaviour, as well as SoftBank’s disclosures to investors. However, the enquiry cannot make SoftBank or Arora face an enforcement action.