Defendant Name: Michael J. Nolan

Defendant Type: Individual

Document Reference: court_doc13_07-cv-01833

Document Details

Legal Case Name SEC v. Michael J. Nolan
Document Name Judgment as to Defendant Michael J. Nolan
Document Date 08-Apr-2008
Document Format Civil Proceeding
Case Number 07-cv-01833
Federal District Court Connecticut, District of Connecticut
Federal District Judge Alan H. Nevas
Allegation Type Issuer Reporting and Disclosure
Document Summary The Court stated: "It is hereby further ordered, adjudged, and decreed that defendant shall pay disgorgement of ill-gotten gains and prejudgment interest thereon. The Court shall determine the amounts of the disgorgement upon motion of the commission."

Disgorgement & Penalty Information

Resolutions
Enjoinment
Bars:
  • Bar from acting as Director or Officer of a public company (of unspecified duration)
Monetary Penalties:

Disgorgement

(Penalty was noted in document, but no amount was listed)

Pre-Judgment Interest

(Penalty was noted in document, but no amount was listed)

Related Documents:

complaint_07-cv-01833 12-Dec-2007 Complaint
Complaint
The SEC stated: "From 2000 through 2002, Michael J. Nolan ("Nolan"), the former Chief Financial Officer of United Rentals, Inc. ("URI" or "the Company"), engaged in a series of fraudulent accounting schemes in order to meet the Company's earnings forecasts and analyst expectations, in violation of the federal securities laws."
court_doc17_07-cv-01833 23-Jul-2012 Court Docket Document
Final Judgment as to Monetary Relief
The Court stated: "It is hereby ordered, adjudged, and decreed that defendant is liable for disgorgement of $1,860,000, representing profits gained as a result of the conduct alleged in the complaint, together with pre-judgment interest thereon in the amount of $1,282,000, for a total of $3,142,000."

Related Actions:

SEC v. Terex Corporation
SEC v. United Rentals, Inc.
SEC v. John N. Milne
SEC v. Joseph F. Apuzzo
In the Matter of Michael J. Nolan