Defendant Name:
Parker H. Petit
Defendant Type:
Individual
Document Reference:
court_doc119_19-cv-10927
Document Details
Legal Case Name
SEC v. MiMedx Group, Inc., Parker H. Petit, William C. Taylor, Michael J. Senken
Document Name
Final Judgment as to Defendant Parker H. Petit
Document Date
06-Jun-2023
Document Format
Civil Proceeding
Case Number
19-cv-10927
Federal District Court
New York, Southern District of New York
Federal District Judge
Naomi Reice Buchwald
Allegation Type
Issuer Reporting and Disclosure
Disgorgement & Penalty Information
Bars:
- Bar from acting as Director or Officer of a public company (of permanent duration)
Monetary Penalties:
Disgorgement
Individual:
$897,000.00
Shared:
Pre-Judgment Interest
Individual:
$211,183.25
Shared:
Clawback provision ex Section 304(a) Sarbanes-Oxley Act: "Defendant shall forfeit $517,254 of bonuses/incentive-based compensation to MiMedx Group, Inc."
Individual:
$517,254.00
Shared:
Other Defendants in Action: