Defendant Name: MDC Partners Inc.

Defendant Type: Public Company
SIC Code: 7311
CUSIP: 55269710

Initial Case Details

Legal Case Name In the Matter of MDC Partners Inc.
First Document Date 18-Jan-2017
Initial Filing Format Administrative Action
File Number 3-17795
Allegation Type Issuer Reporting and Disclosure
AAER 3849

Violations Alleged

Exchange Act
• Rule 12b-20
• Sec 13(a)
• Rule 13a-1
• Rule 13a-11
• Rule 13a-13
• Sec 13(b)(2)(A)
• Sec 13(b)(2)(B)
• Sec 14(a)
• Rule 14a-3
• Rule 14a-9
Securities Act
• Sec 17(a)(2)
Other
• Rule 100(a)(2) Regulation G

Resolutions

First Resolution Date 18-Jan-2017
Headline Total Penalty and Disgorgement $1,500,000

Related Documents:

33-10283 18-Jan-2017 Administrative Proceeding
Order Instituting Cease-and-Desist Proceedings Pursuant to Section 8A of the Securities Act of 1933 and Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-and-Desist Order
On January 18, 2017 the SEC instituted a settled proceeding against MDC Partners Inc. According to the SEC: "This matter arises from two sets of federal securities laws violations involving MDC Partners Inc., a publicly-traded marketing firm."
2017-21 18-Jan-2017 Press Release--Administrative Proceeding
Company Settles Charges Over Undisclosed Perks and Improper Use of Non-GAAP Measures
On January 18, 2017 the SEC announced in a press release that "New York-based marketing company MDC Partners has agreed to pay a $1.5 million penalty to settle charges that it failed to disclose certain perks enjoyed by its then-CEO and separately violated non-GAAP financial measure disclosure rules."

Related Actions:

In the Matter of Michael C. Sabatino, CPA
Michael C. Sabatino, CPA
In the Matter of Miles S. Nadal
Miles S. Nadal