Defendant Name: CBRE, Inc.

Defendant Type: Subsidiary of Public Company
Public Company Parent: CBRE Group, Inc.
SIC Code: 6531
CUSIP: 12504L10

Initial Case Details

Legal Case Name In the Matter of CBRE, Inc.
First Document Date 19-Sep-2023
Initial Filing Format Administrative Action
File Number 3-21675
Allegation Type Other

Violations Alleged

Other
• Rule 21F-17(a) Exchange Act

Resolutions

First Resolution Date 19-Sep-2023
Headline Total Penalty and Disgorgement $375,000

Related Documents:

34-98429 19-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 19, 2023, the SEC instituted cease-and-desist proceedings against CBRE, Inc., stating that, by requiring certain representations in the CBRE, Inc.'s separation agreements entered with its employees, "CBRE took action to impede potential whistleblowers from reporting complaints to the Commission."
2023-184 19-Sep-2023 Press Release--Administrative Proceeding
SEC Charges CBRE, Inc. with Violating Whistleblower Protection Rule
On September 19, 2023, the SEC "announced settled charges against CBRE, Inc. (CBRE), a Dallas-based commercial real estate services and investment firm and subsidiary of publicly traded CBRE Group, Inc., for using an employee release that violated the SEC’s whistleblower protection rule."