Defendant Name: West Marine, Inc. 

Defendant Type: Public Company
SIC Code: 5550
CUSIP: 95423510

Initial Case Details

Legal Case Name SEC v. West Marine, Inc.
First Document Date 23-Jul-2009
Initial Filing Format Civil Proceeding
Case Number 09-cv-03379
Allegation Type Issuer Reporting and Disclosure
Federal District Court California, Northern District of California

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)
Securities Act
• Sec 17(a)(2)
• Sec 17(a)(3)

Resolutions

First Resolution Date 23-Jul-2009

Related Documents:

comp21150 23-Jul-2009 Complaint
Complaint
The Commission stated: "This case involves financial reporting violations by West Marine, Inc. ("West Marine" or the "Company"), a large boating supply retailer headquartered in Watsonville, California. Between 2004 and 2006, the Company filed numerous false and misleading financial statements with the Commission, after making unsubstantiated accounting adjustments."
LR-21150 23-Jul-2009 Litigation Release
SEC Charges West Marine with Falsifying its Financials
The SEC stated that: "[It] filed a settled enforcement action against West Marine, Inc., a Northern California-based boating supply retailer. . . . West Marine filed numerous false financial statements from 2004 to 2006 after making undisclosed accounting changes designed to offset an unexpected earnings shortfall."
court_doc7_09-cv-03379 31-Aug-2009 Court Docket Document
Final Judgment as to Defendant West Marine, Inc.
The Court stated: "The Securities and Exchange Commission having filed a complaint and Defendant West Marine, Inc. having entered a general appearance; consented to the Court's jurisdiction over Defendant and the subject matter of this action; consented to entry of this Final Judgment without admitting or denying the allegations of the complaint (except as to jurisdiction); waived findings of fact and conclusions of law; and waived any right to appeal from this Final Judgment"