Defendant Name:
The Hain Celestial Group, Inc.
Defendant Type:
Public Company
Document Reference:
2018-277
Document Details
Legal Case Name
In the Matter of The Hain Celestial Group, Inc.
Document Name
SEC Charges The Hain Celestial Group with Internal Controls Failures
Document Date
11-Dec-2018
Document Format
Administrative Proceeding
Allegation Type
Issuer Reporting and Disclosure
Document Summary
The SEC stated that: "[it] settled charges against a natural and organic food company stemming from weaknesses in the company's internal controls related to end-of-quarter sales practices that were designed to help the company meet its internal sales targets. Based upon its extensive cooperation with the SEC's investigation, which included self-reporting and remediation efforts, the SEC did not impose a monetary penalty on the company."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Self Reporting to SEC