Defendant Name: TechnipFMC plc.

Defendant Type: Public Company

Document Reference: 34-87055-s

Document Details

Legal Case Name In the Matter of TechnipFMC plc.
Document Name SEC Charges Global Oil and Gas Services Company with Violations of the FCPA
Document Date 23-Sep-2019
Document Format Administrative Proceeding
File Number 3-19493
Allegation Type Foreign Corrupt Practices Act
Document Summary The SEC "announced the institution of settled cease and desist proceedings against TechnipFMC plc, a global oil and gas services company, for violations of the Foreign Corrupt Practices Act (FCPA) by FMC Technologies prior to its 2017 merger with Technip S.A"

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:

Disgorgement

Individual:     $4,327,194.00 Shared:    

Pre-Judgment Interest

Individual:     $734,712.00 Shared:    

Related Documents:

34-87055 23-Sep-2019 Administrative Proceeding
Order Instituting Cease-and-Desist Proceedings Pursuant to Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-and-Desist Order
On September 23, 2019, the SEC instituted settled cease and desist proceedings against TechnipFMC plc ("TechnipFMC"). The SEC stated: "These proceedings arise from violations of the Foreign Corrupt Practices Act of 1977 (the "FCPA") . . . by Respondent's predecessor FMC Technologies, an oil field services company headquartered in Houston, TX."