Defendant Name: Hitachi Ltd.

Defendant Type: Public Company
SIC Code: 3679
CUSIP: 43357850

Initial Case Details

Legal Case Name SEC v. Hitachi, Ltd.
First Document Date 28-Sep-2015
Initial Filing Format Civil Proceeding
Case Number 15-cv-01573
Allegation Type Foreign Corrupt Practices Act
Federal District Court District of Columbia, District of Columbia

Violations Alleged

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

Resolutions

First Resolution Date 28-Sep-2015
Headline Total Penalty and Disgorgement $19,000,000

Related Documents:

LR-23365 28-Sep-2015 Litigation Release
Litigation Release
On September 28, 2015, the SEC instituted a settled civil action against Hitachi, Ltd. alleging violations of the Foreign Corrupt Practices Act. The SEC alleged that Hitachi, Ltd., violated the FCPA when Hitachi, "inaccurately recorded improper payments to South Africa's ruling political party in connection with contracts to build two multi-billion dollar power plants."
comp-pr2015-212 28-Sep-2015 Complaint
Complaint
On September 28, 2015, the SEC filed a complaint against Hitachi, Ltd. The SEC alleged that Hitachi, Ltd. violated provisions of the Foreign Corrupt Practices Act. The alleged FCPA violations involved indirect payments to the African National Congress, South Africa's ruling political party, relating to power station contracts in South Africa secured by Hitachi.
court_doc8_15-cv-01573 24-Nov-2015 Court Docket Document
Final Judgment as to Defendant Hitachi, Ltd.