Defendant Name: Michael Baker Corporation

Defendant Type: Public Company
SIC Code: 8711
CUSIP: 05714910

Initial Case Details

Legal Case Name SEC v. Michael Baker Corporation, John Scullin and Dennis Higgins
First Document Date 11-May-2011
Initial Filing Format Civil Proceeding
Case Number 11-cv-01791
Allegation Type Issuer Reporting and Disclosure
Federal District Court Texas, Southern District of Texas

Violations Alleged

Exchange Act
• Rule 12b-20
• Sec 13(a)
• Rule 13a-1
• Rule 13a-13
• Sec 13(b)(2)(A)
• Sec 13(b)(2)(B)

Resolutions

First Resolution Date 11-May-2011
Headline Total Penalty and Disgorgement $70,895

Related Documents:

comp21962 11-May-2011 Complaint
Complaint
On May 11, 2011, the SEC filed a complaint against Michael Baker Corporation and others. According to the SEC: "This matter involves overstatements of revenue and net income by Michael Baker Corporation ... in financial statements filed with the Commission in 2007."
LR-21962 11-May-2011 Litigation Release
Commission Charges Former Michael Baker Employee with Fraud for Artificially Inflating Company's Income, and Another Former Employee with Insider Trading
On May 11, 2011, the SEC issued a litigation release announcing that it charged Michael Baker Corporation and two former employees, "with falsifying the company's accounting records which inflated the revenue and income reported to shareholders." According to the SEC: "Without admitting or denying the allegations in the complaint, Michael Baker consented to a permanent injunction against future violations of the reporting, books and records and internal controls provisions of the federal securities laws, including Sections 13(a), 13(b)(2)(A) and 13(b)(2)(B) of the Exchange Act and Rules 12b-20, 13a-1 and 13a-13 thereunder"
court_doc11_11-cv-01791 17-May-2011 Court Docket Document
Final Judgment as to Defendant Michael Baker Corporation
On May 17, 2011, Judge Gray H. Miller entered Final Judgment as to defendant Michael Baker Corporation. Michael Baker Corporation consented to the entry of the Final Judgment without admitting or denying the allegations of the SEC's complaint.

Other Defendants in Action:

Dennis Higgins
John Scullin

Related Actions:

In the Matter of Michael Higgins, CPA
Michael Higgins
In the Matter of John Scullin
John Scullin