Defendant Name: World Acceptance Corporation

Defendant Type: Public Company
SIC Code: 6141
CUSIP: 98141910

Initial Case Details

Legal Case Name In the Matter of World Acceptance Corporation
First Document Date 06-Aug-2020
Initial Filing Format Administrative Action
File Number 3-19905
Allegation Type Foreign Corrupt Practices Act
AAER 4158

Violations Alleged

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


First Resolution Date 06-Aug-2020
Headline Total Penalty and Disgorgement

See Related Documents

Related Documents:

34-89489 06-Aug-2020 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
On August 6, 2020, the SEC instituted settled cease-and-desist proceedings against World Acceptance Corporation. The SEC stated: "This matter concerns violations of the anti-bribery, books and records, and internal accounting controls provisions of the Foreign Corrupt Practices Act ("FCPA") by World Acceptance Corporation, a consumer loan company headquartered in Greenville, South Carolina."
2020-177 06-Aug-2020 Press Release--Administrative Proceeding
SEC Charges Consumer Loan Company with FCPA Violations
The SEC stated that: "World Acceptance Corporation, a South Carolina-based consumer loan company, has agreed to pay $21.7 million to resolve charges that it violated the Foreign Corrupt Practices Act (FCPA)."