Defendant Name: Faro Technologies, Inc.

Defendant Type: Public Company
SIC Code: 3820
CUSIP: 31164210

Initial Case Details

Legal Case Name In the Matter of Faro Technologies, Inc.
First Document Date 05-Jun-2008
Initial Filing Format Administrative Action
File Number 3-13059
Allegation Type Foreign Corrupt Practices Act
AAER 2836

Violations Alleged

Exchange Act
• Sec 13(b)(2)(A)
• Sec 13(b)(2)(B)
• Sec 30A

Resolutions

First Resolution Date 05-Jun-2008
Headline Total Penalty and Disgorgement $1,850,943

Related Documents:

34-57933 05-Jun-2008 Administrative Proceeding
Order Instituting Cease-and-Desist Proceedings, Making Findings, and Imposing a Cease-and-Desist Order Pursuant to Section 21C of the Securities Exchange Act of 1934
One June 5, 2008, the SEC instituted settled cease-and-desist proceedings against Faro Technologies, Inc. ("Faro" or "Respondent"). The SEC stated: "This matter involves Faro's violations of the anti-bribery, books and records, and internal controls provisions of the Foreign Corrupt Practices Act ("FCPA") through over twenty improper payments made to Chinese government officials by Faro's wholly-owned Chinese subsidiary, Faro Shanghai Co., Ltd. ("Faro-China")."

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