Defendant Name:
UQM Technologies, Inc.
Defendant Type:
Public Company
SIC Code:
3679
CUSIP:
90321310
Document Reference:
33-10719
Document Details
Legal Case Name
In the Matter of UQM Technologies, Inc.
Document Name
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
Document Date
11-Oct-2019
Document Format
Administrative Proceeding
Allegation Type
Issuer Reporting and Disclosure
Document Summary
On October 11, 2019, the SEC instituted settled cease-and-desist proceedings against UQM Technologies, Inc. ("UQM" or "Respondent"). The SEC stated: "This matter involves a series of false and misleading disclosures made by UQM Technologies, Inc. about a supply agreement for the purported sale of at least 3,000 electric motors to a Chinese startup company."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Monetary Penalties:
Civil Penalty
Individual:
$500,000.00
Shared:
