Defendant Name:
Michael Baker Corporation
Defendant Type:
Public Company
Document Reference:
LR-21962
Document Details
Legal Case Name
SEC v. Michael Baker Corporation, John Scullin and Dennis Higgins
Document Name
Commission Charges Former Michael Baker Employee with Fraud for Artificially Inflating Company's Income, and Another Former Employee with Insider Trading
Document Date
11-May-2011
Document Format
Civil Proceeding
Case Number
11-cv-01791
Federal District Court
Texas, Southern District of Texas
AAER
3279
Allegation Type
Issuer Reporting and Disclosure
Document Summary
On May 11, 2011, the SEC issued a litigation release announcing that it charged Michael Baker
Corporation and two former employees, "with falsifying the company's accounting records which inflated the revenue and income reported to shareholders." According to the SEC: "Without admitting or denying the allegations in the complaint, Michael Baker consented to a permanent injunction against future violations of the reporting, books and records and internal controls provisions of the federal securities laws, including Sections 13(a), 13(b)(2)(A) and 13(b)(2)(B) of the Exchange Act and Rules 12b-20, 13a-1 and 13a-13 thereunder"
Disgorgement & Penalty Information
Other Defendants in Action:
