Defendant Name: Sientra, Inc.

Defendant Type: Public Company
SIC Code: 9999
CUSIP: 82621J10

Initial Case Details

Legal Case Name In the Matter of Sientra, Inc.
First Document Date 19-Sep-2018
Initial Filing Format Administrative Action
File Number 3-18795
Allegation Type Issuer Reporting and Disclosure

Violations Alleged

Exchange Act
• Sec 10(b) + Rule 10b-5
Securities Act
• Sec 17(a) (Not specified)

Resolutions

First Resolution Date 19-Sep-2018

Related Documents:

LR-24275 19-Sep-2018 Litigation Release--Mentions Administrative Proceeding
SEC Charges Medical Aesthetics Company and Its Former CEO with Misleading Investors in a $60 Million Stock Offering
On September 19, 2018, the SEC issued a litigation release regarding charges against Sientra, Inc., stating: "The Security and Exchange Commission today charged Sientra, Inc., a California-based medical aesthetics company, and its former CEO, Hani Zeini, with concealing damaging news about the company's sole-source manufacturer before it closed a $60 million stock offering in 2015. The company agreed to settle the SEC's charges."
33-10555 19-Sep-2018 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 September 19, 2018, the SEC issued an order against Sientra, Inc., stating: "These proceedings arise from the fraudulent concealment of damaging news about Sientra's former sole-source contract manufacturer before it closed a more than $60 million follow-on offering in September 2015."

Related Actions:

SEC v. Hani Zeini
Hani Zeini