Defendant Name: Isilon Systems, Inc.

Defendant Type: Public Company
SIC Code: 3572
CUSIP: 46432L10

Initial Case Details

Legal Case Name SEC v. Isilon Systems, Inc.
First Document Date 14-Sep-2009
Initial Filing Format Civil Proceeding
Case Number 09-cv-01293
Allegation Type Issuer Reporting and Disclosure
Federal District Court Washington, Western District of Washington

Violations Alleged

Exchange Act
• 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)

Resolutions

First Resolution Date 14-Sep-2009

Related Documents:

LR-21210 14-Sep-2009 Litigation Release
SEC Charges Former Isilon Systems CFO With Fraudulently Boosting Revenue
The SEC stated that: "[It] filed securities fraud charges against Stuart W. Fuhlendorf, former Chief Financial Officer of Isilon Systems, Inc. On the heels of the Seattle-based electronic storage company's successful initial public offering (IPO), Fuhlendorf allegedly cut secret side deals with Isilon customers to allow the company to report inflated sales to its shareholders . . . The SEC's complaints allege that Isilon improperly booked revenue on five transactions."
comp21210-isilon 14-Sep-2009 Complaint
Complaint
The Commission stated: "This case involves false financial reporting by defendant Isilon Systems, Inc., a Seattle-based data storage device company."
court_doc7_09-cv-01293 13-Oct-2009 Court Docket Document
Final Judgment as to Defendant Isilon Systems, Inc.
The Court issued a final judgment as to defendant Isilon Systems, Inc. stating: "Defendant Isilon Systems, Inc. (“Defendant”) . . . consented to the Court’s jurisdiction over Defendant and the subject matter of this action; consented to entry of this final judgment without admitting or denying the allegations of the complaint (except as to jurisdiction); waived findings of fact and conclusions of law; and waived any right to appeal from this final judgment."

Related Actions:

SEC v. Stuart W. Fuhlendorf
Stuart W. Fuhlendorf