Defendant Name: The Greenbrier Companies, Inc.

Defendant Type: Public Company
SIC Code: 3743
CUSIP: 39365710

Initial Case Details

Legal Case Name In the Matter of The Greenbrier Companies, Inc.
First Document Date 02-Mar-2023
Initial Filing Format Administrative Action
File Number 3-21318
Allegation Type Issuer Reporting and Disclosure

Violations Alleged

Exchange Act
• Rule 12b-20
• Sec 13(a)
• Rule 13a-1
• Sec 13(b)(2)(A)
• Sec 13(b)(2)(B)
• Sec 14(a)
• Rule 14a-3
• Rule 14a-9
Securities Act
• Sec 17(a)(2)
• Sec 17(a)(3)

Resolutions

First Resolution Date 02-Mar-2023

Related Documents:

33-11162 02-Mar-2023 Administrative Proceeding
Order Instituting Cease-and-Desist Proceedings Pursuant to Section 8A of the Securities Act of 1933 And Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-and-Desist Order
The Commission stated: "These proceedings arise from Greenbrier’s failure to disclose: certain perquisites to its founder and former CEO, William A. Furman (“Furman”), and certain other named executive officers (NEOs); and Greenbrier’s failure to disclose certain information regarding related person transactions involving Furman."
2023-43 02-Mar-2023 Press Release--Administrative Proceeding
SEC Charges Global Transportation Company Greenbrier and Former CEO for Failing to Disclose Perks and Payments
The SEC "announced settled charges against Oregon-based freight transportation supply company, The Greenbrier Companies Inc., and its founder and former CEO and Chairman, William A. Furman, for failing to disclose perks provided to Furman and other Greenbrier executives and compensation Furman received from Greenbrier’s charters of Furman’s private plane for travel by company executives, including Furman. Greenbrier and Furman agreed to pay $1 million and$100,000 in civil penalties, respectively, to settle the charges."

Related Actions:

In the Matter of William A. Furman
William A. Furman