Defendant Name: PPG Industries, Inc.

Defendant Type: Public Company
SIC Code: 2851
CUSIP: 69350610

Initial Case Details

Legal Case Name In the Matter of PPG Industries, Inc.
First Document Date 26-Sep-2019
Initial Filing Format Administrative Action
File Number 3-19532
Allegation Type Issuer Reporting and Disclosure
AAER 4094

Violations Alleged

Exchange Act
Sec 10(b) + Rule 10b-5
Rule 12b-20
Sec 13(a)
Rule 13a-1
Rule 13a-11
Rule 13a-13
Sec 13(b)(2)(A)
Sec 13(b)(2)(B)
Securities Act
Sec 17(a) (Not specified)


First Resolution Date 26-Sep-2019

Related Documents:

33-10701 26-Sep-2019 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 26, 2019, the SEC instituted settled cease-and-desist proceedings against PPG Industries, Inc. ("PPG"). The SEC stated: "From December 2016 through April 2018 (the “relevant period”), PPG maintained materially inaccurate books and records and insufficient internal accounting controls."
33-10701-s 26-Sep-2019 Administrative Summary
SEC Charges PPG Industries with Fraudulent Financial Reporting
The SEC stated that: "[It] settled charges against PPG Industries, Inc., a Pittsburgh-based manufacturer of paint and specialty coating materials, for fraudulent misstatements in the company's financial statements that enabled it to meet, or come closer to meeting, consensus earnings estimates."

Related Actions:

In the Matter of Mark C. Kelly, CPA