Defendant Name:
Sequenom, Inc.
Defendant Type:
Public Company
SIC Code:
8731
CUSIP:
81733740
Document Reference:
34-65247
Document Details
Legal Case Name
In the Matter of Sequenom, Inc.
Document Name
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
Document Date
01-Sep-2011
Document Format
Administrative Proceeding
Allegation Type
Issuer Reporting and Disclosure
Document Summary
On September 1, 2011, the SEC filed an order instituting cease and desist proceedings against Sequenom, Inc. The SEC alleged that the company disclosed "materially misleading scientific data regarding a prenatal screening test for Down syndrome...[b]etween June 2008 and January 2009, Sequenom, through...an office of the company, made several materially misleading statements and omissions to the public through public filings, press release and oral statements." As such, the company violated Section 10(b) and Rule 10b-5, as well as statutory reporting requirements.
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
