Defendant Name: PPG Industries, Inc.

Defendant Type: Public Company

Document Reference: 33-10701-s

Document Details

Legal Case Name In the Matter of PPG Industries, Inc.
Document Name SEC Charges PPG Industries with Fraudulent Financial Reporting
Document Date 26-Sep-2019
Document Format Administrative Proceeding
File Number 3-19532
Allegation Type Issuer Reporting and Disclosure
Document Summary The SEC stated that: "[It] settled charges against PPG Industries, Inc., a Pittsburgh-based manufacturer of paint and specialty coating materials, for fraudulent misstatements in the company's financial statements that enabled it to meet, or come closer to meeting, consensus earnings estimates."

Disgorgement & Penalty Information

Resolutions
Cease and Desist Order
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Self Reporting to SEC

Related Documents:

33-10701 26-Sep-2019 Administrative Proceeding
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
On September 26, 2019, the SEC instituted settled cease-and-desist proceedings against PPG Industries, Inc. ("PPG"). The SEC stated: "From December 2016 through April 2018 (the “relevant period”), PPG maintained materially inaccurate books and records and insufficient internal accounting controls."

Related Actions:

In the Matter of Mark C. Kelly, CPA
Mark C. Kelly, CPA