Defendant Name: Maximus, Inc.

Defendant Type: Public Company
SIC Code: 8742
CUSIP: 57793310

Initial Case Details

Legal Case Name In the Matter of Maximus, Inc.
First Document Date 11-Sep-2023
Initial Filing Format Administrative Action
File Number 3-21649
Allegation Type Issuer Reporting and Disclosure

Violations Alleged

Exchange Act
• Sec 13(a)
• Rule 13a-1
• Sec 14(a)
• Rule 14a-3

Resolutions

First Resolution Date 11-Sep-2023
Headline Total Penalty and Disgorgement $500,000

Related Documents:

34-98351 11-Sep-2023 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 11, 2023, the SEC instituted settled cease-and-desist proceedings against Maximus, Inc., stating: "This matter involves annual reports and proxy statements filed by Maximus for fiscal years 2019 through 2021 that did not include required disclosures of related person transactions."
34-98351-s 11-Sep-2023 Administrative Summary
SEC Charges Maximus for Reporting and Proxy Violations
On September 11, 2023, the SEC "announced settled charges against Maximus, Inc., a Virginia corporation, for failing to make required disclosures that it employed the siblings of one of its executive officers."