Defendant Name: Smith & Wesson Holding Corporation

Defendant Type: Public Company
SIC Code: 3480
CUSIP: 83175610

Initial Case Details

Legal Case Name In the Matter of Smith & Wesson Holding Corporation
First Document Date 28-Jul-2014
Initial Filing Format Administrative Action
File Number 3-15986
Allegation Type Foreign Corrupt Practices Act
AAER 3571

Violations Alleged

Exchange Act
• Sec 13(b)(2)(A)
• Sec 13(b)(2)(B)
• Sec 30A
Other
• The anti-bribery, internal controls and books and records provisions of the Securities Exchange Act

Resolutions

First Resolution Date 28-Jul-2014
Headline Total Penalty and Disgorgement $2,034,892

Related Documents:

34-72678 28-Jul-2014 Administrative Proceeding
Order Instituting Cease-and-Desist Proceedings Pursuant to Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-and-Desist Order
On July 28, 2014, the SEC instituted proceedings against Smith & Wesson Holding Corporation alleging "violations of the anti-bribery, books and records and internal controls provisions of the Foreign Corrupt Practices Act."
2014-148 28-Jul-2014 Press Release--Administrative Proceeding
SEC Charges Smith & Wesson With FCPA Violations
Summaries On July 28, 2014, the SEC announced that it charged Smith & Wesson Holding Corporation ("Smith & Wesson") with violating the Foreign Corrupt Practices Act ("FCPA") when employees and representatives of the U.S.-based parent company authorized and made improper payments to foreign officials while trying to win contracts to supply firearm products to military and law enforcement overseas. According to the SEC's order instituting a settled administrative proceeding, Smith & Wesson, without admitting or denying the findings, agreed to pay $2 million to settle the SEC's charges and report to the SEC on its FCPA compliance efforts for a period of two years.