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)

Resolutions

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."

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