Defendant Name:
Endurance International Group Holdings, Inc.
Defendant Type:
Public Company
SIC Code:
9999
CUSIP:
29272B10
Document Reference:
33-10504
Document Details
Legal Case Name
In the Matter of Constant Contact, Inc. and Endurance International Group Holdings, Inc.
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, and Imposing a Cease-and-Desist Order
Document Date
05-Jun-2018
Document Format
Administrative Proceeding
Allegation Type
Issuer Reporting and Disclosure
Document Summary
According to the SEC: "This case involves two Massachusetts-based public companies, Constant Contact and Endurance. During the period from October 2013 through July 2015 (the "Relevant Period"), the companies were in the business of offering web hosting and online and email marketing products principally to small- and medium-sized businesses. . . During the Relevant Period, both companies disclosed and reported their subscriber or customer metrics to the investing public, including through their required quarterly and annual filings with the Commission. At times during the Relevant Period, each company made material misrepresentations about their subscriber or customer metrics and the growth they had experienced in those metrics."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Other Compliance Related Undertaking
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:
Civil Penalty
Individual:
$8,000,000.00
Shared:
Other Defendants in Action:
