Defendant Name: NATCO Group Inc.

Defendant Type: Public Company
SIC Code: 3443
CUSIP: 63227W20

Initial Case Details

Legal Case Name SEC v. NATCO Group Inc.
First Document Date 11-Jan-2010
Initial Filing Format Civil Proceeding
Case Number 10-cv-00098
Allegation Type Foreign Corrupt Practices Act
Federal District Court Texas, Southern District of Texas

Violations Alleged

Exchange Act
Sec 13(b)(2)(A)
Sec 13(b)(2)(B)


First Resolution Date
Headline Total Penalty and Disgorgement

See Related Documents

Related Documents:

LR-21374 11-Jan-2010 Litigation Release
SEC Files Settled Civil Action Charging NATCO Group Inc. with Violations of the Foreign Corrupt Practices Act
On January 11, 2010, the SEC issued a litigation release announcing that it filed a settled complaint against NATCO Group Inc. The SEC charged the company with: "violations of the books and records and internal controls provisions of the Foreign Corrupt Practice Act."
complaint_10-cv-00098 11-Jan-2010 Complaint
In the Complaint, the SEC stated: "In this Foreign Corrupt Practices Act case, TEST Automation & Controls, Inc. ('TEST'), a wholly owned subsidiary of oil field services provider NATCO Group Inc., created and accepted false documents while paying extorted immigration fines and obtaining immigration visas in the Republic of Kazakhstan. NATCO's system of internal accounting controls failed to ensure that TEST recorded the true purpose of the payments, and NATCO's consolidated books and records did not accurately reflect these payments."
court_doc3_10-cv-00098 12-Jan-2010 Court Docket Document
Final Judgment
On January 12, 2010, Federal District Judge Lee Hyman Rosenthal entered final judgment against NATCO Group Inc. pursuant to the consent of NATCO Group Inc.

Related Actions:

In the Matter of Natco Group Inc.