Defendant Name:
Apple REIT Six, Inc.
Defendant Type:
Subsidiary of Public Company
Public Company Parent:
The Blackstone Group L.P.
SIC Code:
6282
CUSIP:
09253U10
Document Reference:
33-9548
Document Details
Legal Case Name
In the Matter of Apple REIT Six, Inc.; Apple REIT Seven, Inc.; Apple REIT Eight, Inc.; Apple REIT Nine, Inc.; Apple Six Advisors, Inc.; Apple Seven Advisors, Inc.; Apple Eight Advisors, Inc.; Apple Nine Advisors, Inc.; Glade M. Knight; and Bryan F. Peery, CPA
Document Name
Order Instituting Cease-and-Desist Proceedings Pursuant to Section 8A of the Securities Act of 1933 and Section 21C of the Securities Exchange Act of 1934, Making Findings, Imposing Civil Penalties and a Cease-and-Desist Order
Document Date
12-Feb-2014
Document Format
Administrative Proceeding
AAER
3535
Allegation Type
Issuer Reporting and Disclosure
Document Summary
On February 12, 2014 the SEC accepted Apple REIT Six, Inc.'s offer of settlement. According to the SEC: " This matter involves disclosure and internal controls failures relating to valuation, related party transactions, and executive compensation...." The SEC ordered Apple REIT Six, Inc. to "cease and desist from committing or causing any violations and any future violations of Sections 17(a)(2) and 17(a)(3) of the Securities Act and Sections 13(a), 13(b)(2)(A), 13(b)(2)(B), and 14(a) of the Exchange Act and Rules 12b-20, 13a-1, 13a-13, and 14a-9 thereunder."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Other Defendants in Action:
