Defendant Name: CPI Aerostructures, Inc.

Defendant Type: Public Company
SIC Code: 3728
CUSIP: 12591930

Initial Case Details

Legal Case Name In the Matter of CPI Aerostructures, Inc.
First Document Date 20-Jun-2024
Initial Filing Format Administrative Action
File Number 3-21975
Allegation Type Issuer Reporting and Disclosure

Violations Alleged

Exchange Act
• Rule 12b-20
• Sec 13(a)
• Rule 13a-1
• Rule 13a-11
• Rule 13a-13
• Rule 13a-15
• Sec 13(b)(2)(A)
• Sec 13(b)(2)(B)

Resolutions

First Resolution Date 20-Jun-2024

Related Documents:

34-100389 20-Jun-2024 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 June 20, 2024, the SEC instituted cease-and-desist proceedings against CPI Aerostructures, Inc., stating: "This matter involves financial reporting, accounting, internal accounting controls, and disclosure controls and procedures failures by CPI Aero, an aerospace structural products manufacturer."
34-100389-s 20-Jun-2024 Administrative Summary
SEC Charges CPI Aerostructures,Inc. with Financial Reporting,Accounting, and ControlsViolations
On June 20, 2024, the SEC "charged CPI Aerostructures, Inc. (CPI Aero), an aerospace and defense manufacturer, with financial reporting, accounting, and internal controls violations that occurred over a six-year period and resulted in four financial statement restatements. CPI Aero has agreed to settle the SEC's charges."