The Securities and Exchange Commission has started its investigation on the complaints and concerns surrounding the ongoing Lopez family feud as well as the corporations embroiled in the controversies, according to Philstar Biz.
The regulator formed a committee to examine the complaints, which involve multiple corporations linked to the Lopez family. The family's business interests span utilities, media, and infrastructure.
The SEC's move highlights the regulatory scrutiny on corporate governance disputes in the Philippines. Further details of the investigation are expected to emerge as the committee proceeds with its work.