Defendant Name: Sunrise Senior Living, Inc.

Defendant Type: Public Company
SIC Code: 8361
CUSIP: 86768K10

Document Reference: comp21600

Document Details

Legal Case Name SEC v. Sunrise Senior Living, Inc., Larry E. Hulse, and Kenneth J. Abod
Document Name Complaint
Document Date 23-Jul-2010
Document Format Civil Proceeding
Case Number 10-cv-01247
Federal District Court District of Columbia, District of Columbia
Federal District Judge Colleen Kollar-Kotelly
Allegation Type Issuer Reporting and Disclosure
Document Summary On July 23, 2010, the SEC filed a complaint against Sunrise Senior Living, Inc., Larry E.Hulse, and Kenneth J. Abod, alleging financial reporting fraud.

Related Documents:

LR-21600 23-Jul-2010 Litigation Release
SEC Brings Settled Civil Charges against Sunrise Senior Living, Inc. and Two Former Company Officers, Larry E. Hulse and Kenneth J. Abod. Sunrise and Hules Agree to Injunctions and Hulse Agrees to Pay $164,933 in Penalties, Disgorgement, and Prejudgment Interest.
On July 23, 2010 the SEC published a litigation release announcing that it filed a settled civil action against Sunrise Senior Living, Inc. and two former company officers. According to the SEC: "The commission's complaint alleges that Sunrise engaged in financial reporting fraud during the relevant period from 2003 through 2005, by making improper adjustments to its reserve for self-insured health and dental benefits and its accrual for corporate bonuses to meet public earnings forecasts."
court_doc3_10-cv-01247 27-Jul-2010 Court Docket Document
Final Judgment as to Sunrise Senior Living, Inc.
On July 27, 2010, Federal District Judge Colleen Kollar-Kotelly entered final judgment against Sunrise Senior Living, Inc. pursuant to the consent of Sunrise Senior Living, Inc. The Court ordered that "base on Defendant's cooperation in a Commission investigation or related enforcement action, the Court is not ordering Defendant to pay a civil penalty."

Other Defendants in Action:

Larry E. Hulse
Kenneth J. Abod

Related Actions:

In the Matter of Kenneth J. Abod, CPA
Kenneth J. Abod
In the Matter of Larry E. Hulse, CPA
Larry E. Hulse