Defendant Name: UTStarcom, Inc.

Defendant Type: Public Company
SIC Code: 3660
CUSIP: G9310A11

Initial Case Details

Legal Case Name In the Matter of UTStarcom, Inc., Hong Liang Lu and Michael J. Sophie
First Document Date 01-May-2008
Initial Filing Format Administrative Action
File Number 3-13031
Allegation Type Issuer Reporting and Disclosure
AAER 2821

Violations Alleged

Exchange Act
• Sec 13(a)
• Rule 13a-1
• Rule 13a-13
• Sec 13(b)(2)(A)
• Sec 13(b)(2)(B)
Additionally, Hong Liang Lu is alleged to have caused UTStarcom, Inc.'s violation of Sec 13(a) of the Exchange Act.
Michael J. Sophie is alleged to have caused UTStarcom, Inc.'s violation of Sec 13(a) of the Exchange Act.
Hong Liang Lu is alleged to have caused UTStarcom, Inc.'s violation of Rule 13a-1 of the Exchange Act.
Michael J. Sophie is alleged to have caused UTStarcom, Inc.'s violation of Rule 13a-1 of the Exchange Act.
Hong Liang Lu is alleged to have caused UTStarcom, Inc.'s violation of Rule 13a-13 of the Exchange Act.
Michael J. Sophie is alleged to have caused UTStarcom, Inc.'s violation of Rule 13a-13 of the Exchange Act.
Hong Liang Lu is alleged to have caused UTStarcom, Inc.'s violation of Sec 13(b)(2)(A) of the Exchange Act.
Michael J. Sophie is alleged to have caused UTStarcom, Inc.'s violation of Sec 13(b)(2)(A) of the Exchange Act.
Hong Liang Lu is alleged to have caused UTStarcom, Inc.'s violation of Sec 13(b)(2)(B) of the Exchange Act.
Michael J. Sophie is alleged to have caused UTStarcom, Inc.'s violation of Sec 13(b)(2)(B) of the Exchange Act.

Resolutions

First Resolution Date 01-May-2008

Related Documents:

34-57754 01-May-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
On May 1, 2008, the SEC instituted settled cease-and-desist proceedings against UTStarcom, Inc. ("UTSI"), Hong Liang Lu ("Lu") and Michael J. Sophie ("Sophie") (collectively "Respondents"). The SEC stated: "This matter involves recurring internal control deficiencies and inaccurate financial filings by UTSI, a publicly-traded telecommunications company that has restated its financial statements three times since 2005 to correct multiple accounting irregularities."

Other Defendants in Action:

Hong Liang Lu
Michael J. Sophie

Related Actions:

SEC v. UTStarcom, Inc.
UTStarcom, Inc.
SEC v. Hong Liang Lu and Michael J. Sophie
Michael J. Sophie
Hong Liang Lu