Defendant Name: Novo Nordisk A/S

Defendant Type: Public Company
SIC Code: 2833
CUSIP: 67010020

Initial Case Details

Legal Case Name SEC v. Novo Nordisk A/S
First Document Date 11-May-2009
Initial Filing Format Civil Proceeding
Case Number 09-cv-00862
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 11-May-2009
Headline Total Penalty and Disgorgement

See Related Documents

Related Documents:

comp21033 11-May-2009 Complaint
Complaint
The SEC stated: "From approximately 2000 through 2003, Novo Nordisk A/S ("Novo Nordisk" or the "Company") violated the books and records and internal controls provisions of the Foreign Corrupt Practices Act (the "FCPA") by paying $1,437,946 in kickbacks and agreeing to pay an additional $1,315,454 in kickbacks in connection with its sale of humanitarian goods to Iraq under the United Nations Oil for Food Program (the "Program")."
court_doc3_09-cv-00862 11-May-2009 Court Docket Document
Final Judgment as to Defendant Novo Nordisk A/S
On May 11, 2009, the Court issued a final judgment as to Defendant Novo Nordisk A/S stating: "Defendant Novo Nordisk A/S . . . consented to entry of this Final Judgment without admitting or denying the allegations of the Complaint (except as to jurisdiction); waived findings of facts and conclusions of law; and waived any right to appeal from this Final Judgment."
LR-21033 11-May-2009 Litigation Release
SEC Files Settled Books and Records and Internal Controls Charges Against Novo Nordisk for Improper Payments to Iraq Under the U.N. Oil for Food Program
The SEC stated that: "[It] filed Foreign Corrupt Practices Act books and records and internal controls charges against Novo Nordisk in the U.S. District Court for the District of Columbia. . . . The Commission's complaint alleges that from 2000 through 2003, Novo Nordisk paid $1,437,946 in kickbacks and agreed to pay an additional $1,315,454 in kickbacks in connection with its sale of humanitarian goods to Iraq under the United Nations Oil for Food Program."