Securities Enforcement Empirical Database (SEED)

Defendant Name: Margaret Hye-Ryoung Sakai

Defendant Type: Individual

Legal Case Name In the Matter of MagnaChip Semiconductor Corporation and Margaret Hye-Ryoung Sakai

First Document Date 01-May-2017

Initial Filing Format Administrative Action

File Number 3-17956

Allegation Type Issuer Reporting and Disclosure

AAER 3869

Exchange Act

• Sec 10(b) + Rule 10b-5

• Rule 13a-14

• Sec 13(b)(2)(A)

• Sec 13(b)(2)(B)

• Sec 13(b)(5)

Securities Act

• Sec 17(a)(1)

• Sec 17(a)(3)

Other

• Rules 13b2-1, 13b2-2 Exchange Act

Margaret Hye-Ryoung Sakai is alleged to have caused MagnaChip Semiconductor Corporation's violation of Rule 12b-20 of the Exchange Act.

Margaret Hye-Ryoung Sakai is alleged to have caused MagnaChip Semiconductor Corporation's violation of Sec 13(a) of the Exchange Act.

Margaret Hye-Ryoung Sakai is alleged to have caused MagnaChip Semiconductor Corporation's violation of Rule 13a-1 of the Exchange Act.

Margaret Hye-Ryoung Sakai is alleged to have caused MagnaChip Semiconductor Corporation's violation of Rule 13a-11 of the Exchange Act.

Margaret Hye-Ryoung Sakai is alleged to have caused MagnaChip Semiconductor Corporation's violation of Rule 13a-13 of the Exchange Act.

Margaret Hye-Ryoung Sakai is alleged to have caused MagnaChip Semiconductor Corporation's violation of Sec 13(b)(2)(A) of the Exchange Act.

Margaret Hye-Ryoung Sakai is alleged to have caused MagnaChip Semiconductor Corporation's violation of Sec 13(b)(2)(B) of the Exchange Act.

Bars:

Bar from acting as Director or Officer of a public company (of permanent duration)
Bar on practicing before the SEC as an Accountant (of permanent duration)

First Resolution Date 01-May-2017

Headline Total Penalty and Disgorgement $3,135,000

MagnaChip Semiconductor Corporation