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Pearson plc (PSORF)

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11.220.00 (0.00%)
At close: 11:39AM EDT
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  • Reuters

    Pearson to pay $1 million to settle charges it misled investors, U.S. SEC says

    WASHINGTON (Reuters) -London-based Pearson PLC will pay $1 million to settle charges it misled investors about a 2018 cyber intrusion involving the theft of millions of student records, the U.S. Securities and Exchange Commission (SEC) said on Monday. The educational-publishing firm did not admit nor deny the regulator's charges, the SEC said, but in 2019 the firm disclosed in its annual report that the data breach may have included birth dates and email addresses, when, in fact, it knew that such records were stolen. Pearson also said at the time that it had "strict protections" in place, but failed to patch the critical vulnerability for six months after it was notified, the SEC found.

  • Yahoo Finance

    Pearson CEO predicts demise of physical textbooks as digital service launches

    The 177-year-old company debuted its Pearson+ subscription service in the U.S.

  • Yahoo Finance Video

    Pearson launches Pearson+, an online textbook subscription

    Pearson CEO Andy Bird joins Yahoo Finance to detail why Pearson broke into online textbook subscriptions.