Defendant Name: UQM Technologies, Inc.

Defendant Type: Public Company
SIC Code: 3679
CUSIP: 90321310

Initial Case Details

Legal Case Name In the Matter of UQM Technologies, Inc.
First Document Date 11-Oct-2019
Initial Filing Format Administrative Action
File Number 3-19584
Allegation Type Issuer Reporting and Disclosure

Violations Alleged

Exchange Act
• Rule 12b-20
• Sec 13(a)
• Rule 13a-1
• Rule 13a-11
• Rule 13a-13
Securities Act
• Sec 17(a)(2)
• Sec 17(a)(3)

Resolutions

First Resolution Date 11-Oct-2019
Headline Total Penalty and Disgorgement $500,000

Related Documents:

33-10719 11-Oct-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 October 11, 2019, the SEC instituted settled cease-and-desist proceedings against UQM Technologies, Inc. ("UQM" or "Respondent"). The SEC stated: "This matter involves a series of false and misleading disclosures made by UQM Technologies, Inc. about a supply agreement for the purported sale of at least 3,000 electric motors to a Chinese startup company."
33-10719-s 11-Oct-2019 Administrative Summary
SEC Charges Electric Motor Manufacturer for Misrepresenting Supply Agreement
The SEC stated that; "[It] settled charges against a Colorado-based manufacturer of electric motors for making false and misleading statements about a supply agreement with a Chinese customer."