Defendant Name: Tupperware Brands Corporation

Defendant Type: Public Company
SIC Code: 3089
CUSIP: 89989610

Initial Case Details

Legal Case Name In the Matter of Tupperware Brands Corporation
First Document Date 29-Sep-2022
Initial Filing Format Administrative Action
File Number 3-21180
Allegation Type Issuer Reporting and Disclosure
AAER 4343

Violations Alleged

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

Resolutions

First Resolution Date 29-Sep-2022
Headline Total Penalty and Disgorgement $900,000

Related Documents:

34-95943 29-Sep-2022 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 September 29, 2022, the SEC instituted settled cease-and-desist proceedings against Tupperware Brands Corporation, stating: "These proceedings arise out of failures by Respondent to devise and maintain a sufficient system of internal accounting controls and to maintain accurate books and records from at least 2016 through 2020 (the “Relevant Period”)."
34-95943-s 29-Sep-2022 Administrative Summary
SEC Charges Tupperware Brands Corporation for Internal Controls and Books and Records Failures
The SEC stated that: "[It]charged consumer products company Tupperware Brands Corporation with failing to devise and maintain a sufficient system of internal accounting controls and with failing to maintain accurate books and records from at least 2016 through 2020. Tupperware has agreed to settle the charges and will pay a penalty of $900,000."