CHARLOTTE, N.C. — The Bubble Wrap trademark holder and maker is under investigation by the Securities Exchange Commission.
The Charlotte Observer reported that Sealed Air said in its second-quarter earnings report Monday that it received a subpoena on June 25 for accounting and financial reporting documents.
Sealed Air says it’s cooperating with the SEC. A company spokeswoman declined to say what the SEC is looking into specifically.
The quarterly report also says Sealed Air is involved in “various other legal actions” that company officials don’t believe will seriously affect its financial health.
