Disgraced former McDonald's CEO Steve Easterbrook will pay US$400,000 ($578,000) to settle charges that he allegedly misled investors about the circumstances of his 2019 firing following a relationship with an employee.According to the US Securities and Exchange Commission, McDonald's fired Easterbrook for "engaging in an inappropriate personal relationship with a McDonald's employee in violation of company policy" - yet the separation agreement claimed "his termination was without cause, which allowed him to retain substantial equity compensation that otherwise would have been forfeited.""In making this conclusion, McDonald's exercised discretion that was not disclosed to investors," the SEC said in its announcement of the charges and the settlement.
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