Defendant Name:
KBR, Inc.
Defendant Type:
Public Company
SIC Code:
1629
CUSIP:
48242W10
Document Reference:
33-10516
Document Details
Legal Case Name
In the Matter of KBR, 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
02-Jul-2018
Document Format
Administrative Proceeding
AAER
3946
Allegation Type
Issuer Reporting and Disclosure
Document Summary
On July 2, 2018, the SEC issued an order against KBR, Inc., stating: "KBR is a global engineering, construction, and services company based in Houston, Texas. On May 30, 2014, KBR filed a Form 10-K/A that: (a) restated and amended earnings in its consolidated financial statements for the fiscal year ended December, 31, 2013, and its unaudited consolidated financial statements for the third quarter of 2013; (b) reduced its disclosed backlog as of the fiscal year ended December 31, 2013; and (c) identified a material weakness in its internal control over financial reporting."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:
Civil Penalty
Individual:
$2,500,000.00
Shared: