Defendant Name: Embraer S.A.

Defendant Type: Public Company
SIC Code: 3721
CUSIP: 29082A10

Initial Case Details

Legal Case Name SEC v. Embraer S.A.
First Document Date 24-Oct-2016
Initial Filing Format Civil Proceeding
Case Number 16-cv-62501
Allegation Type Foreign Corrupt Practices Act
Federal District Court Florida, Southern District of Florida

Violations Alleged

Exchange Act
• Sec 13(b)(2)(A)
• Sec 13(b)(2)(B)
• Sec 30A

Resolutions

First Resolution Date 24-Oct-2016
Headline Total Penalty and Disgorgement $98,248,291

Related Documents:

comp_pr2016-224 24-Oct-2016 Complaint
Complaint
On October 24, 2016, the SEC charged Embraer, S.A. with violations of the Foreign Corrupt Practices Act. According to the SEC, "between at least May 2008 and February 2011, Embraer paid bribes through its U.S.-based subsidiary to foreign government officials in the Dominican Republic, Saudi Arabia, and Mozambique to obtain business."
2016-224 24-Oct-2016 Press Release--Civil Action
Embraer Paying $205 Million to Settle FCPA Charges
On October 24, 2016, in a press release, the SEC announced a global settlement along with the U.S. DOJ and Brazilian authorities. According to the SEC, " Embraer S.A. [is required[ to pay more than $205 million to resolve alleged violations of the Foreign Corrupt Practices Act (FCPA)."
LR-23676 24-Oct-2016 Litigation Release
SEC Charges Brazil-Based Aircraft Manufacturer with FCPA Violations
On October 24, 2016, the SEC issued a litigation release announcing the "global settlement along with the [DOJ] and Brazilian authorities [requiring] Embraer S.A. to pay more than $205 million to resolve alleged violations of the Foreign Corrupt Practices Act (FCPA)."
court_doc5_16-cv-62501 31-Oct-2016 Court Docket Document
Final Judgment as to Defendant Embraer, S.A.
On October 31, 2016, District Court Judge Joan A. Lenard issued a final judgement as to defendant Embraer, S.A.