Defendant Name:
The Dun & Bradstreet Corporation
Defendant Type:
Public Company
SIC Code:
8999
CUSIP:
26483E10
Document Reference:
34-83088
Document Details
Legal Case Name
In the Matter of the Dun & Bradstreet Corporation
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
23-Apr-2018
Document Format
Administrative Proceeding
AAER
3936
Allegation Type
Foreign Corrupt Practices Act
Document Summary
The SEC stated that: "These proceedings arise from violations of the Foreign Corrupt Practices Act of 1977 (the "FCPA") [15 U.S.C. § 78dd] by D&B arising out of conduct at two of its indirect subsidiaries in China, Shanghai Huaxia Dun & Bradstreet Business Information Consulting Co., Limited ("HDBC") and Shanghai Roadway D&B Marketing Services Co., Ltd. ("Roadway"). During the time period from approximately 2006 through 2012, D&B's HDBC and Roadway subsidiaries made unlawful payments in order to obtain or retain business. These unlawful payments were not accurately reflected in the books and records of HDBC and Roadway, which were consolidated into D&B's books and records. During the relevant period, D&B also failed to devise and maintain sufficient internal accounting controls to detect or prevent the improper payments."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Self Reporting to SEC
Monetary Penalties:
Disgorgement
Individual:
$6,077,820.00
Shared:
Civil Penalty
Individual:
$2,000,000.00
Shared:
Pre-Judgment Interest
Individual:
$1,143,664.00
Shared:
