Zogenix (ZGNX)

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Zogenix Files Confidential Treatment Order Today


DEFINITION OF 'CONFIDENTIAL TREATMENT ORDER - CTO'
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An order that provides confidential treatment for certain documents and information, that a company would otherwise have to file. A confidential treatment order (CTO) is issued by the Securities and Exchange Commission (SEC) and may only be in effect for a certain period of time, rather than indefinitely.


INVESTOPEDIA EXPLAINS 'CONFIDENTIAL TREATMENT ORDER - CTO'


Companies would typically seek a CTO in order to keep information that would otherwise put it at a disadvantage, a secret. For example, a company may apply for such an order to keep information regarding a pricing arrangement made with a partner, secret, since competitors finding out this information may go after the partner with a more competitive price.





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