Defendant Name: Canadian Solar, Inc.

Defendant Type: Public Company
SIC Code: 3674
CUSIP: 13663510

Initial Case Details

Legal Case Name In the Matter of Canadian Solar, Inc. and Yan Zhuang
First Document Date 15-Dec-2014
Initial Filing Format Administrative Action
File Number 3-16315
Allegation Type Issuer Reporting and Disclosure
AAER 3613

Violations Alleged

Exchange Act
• Rule 12b-20
• Sec 13(a)
• Sec 13(b)(2)(A)
• Sec 13(b)(2)(B)
Other
• Rule 13a-16 Exchange Act
Additionally, Yan Zhuang is alleged to have caused Canadian Solar, Inc. 's violation of Rule 12b-20 of the Exchange Act.
Yan Zhuang is alleged to have caused Canadian Solar, Inc. 's violation of Sec 13(a) of the Exchange Act.
Yan Zhuang is alleged to have caused Canadian Solar, Inc. 's violation of Sec 13(b)(2)(A) of the Exchange Act.
Yan Zhuang is alleged to have caused Canadian Solar, Inc. 's violation of Rule 13a-16 Exchange Act.

Resolutions

First Resolution Date 15-Dec-2014
Headline Total Penalty and Disgorgement $550,000

Related Documents:

34-73839 15-Dec-2014 Administrative Proceeding
Order Instituting Cease-and-Desist Proceedings Pursuant to Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-and-Desist Order and Civil Penalties
On December 15, 2014, the SEC instituted settled administrative proceedings against Canadian Solar, Inc. According to the SEC: The charges arise "from Canadian Solar's violations of the reporting, books and records, and internal controls provisions of the Exchange Act resulting from CSI's recognition of revenue for certain transactions with United States...customers during the second, third, and fourth quarters of 2009 even though certain criteria for revenue recognition had not been met."

Other Defendants in Action:

Yan Zhuang