Defendant Name:
Dana Holding Corporation (as Successor Registrant to Dana Corporation)
Defendant Type:
Public Company
SIC Code:
3714
CUSIP:
23582520
Document Reference:
34-60657
Document Details
Legal Case Name
In the Matter of Dana Holding Corporation (as successor registrant to Dana Corporation)
Document Name
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
Document Date
11-Sep-2009
Document Format
Administrative Proceeding
AAER
3048
Allegation Type
Issuer Reporting and Disclosure
Document Summary
On September 11, 2009, the SEC instituted settled cease-and-desist proceedings against Dana Holding Corporation (as Successor Registrant to Dana Corporation). The SEC stated: "From 2004 through mid-2005, contrary to Generally Accepted Accounting Principles ("GAAP"), Dana Corporation improperly recognized revenue or income on several transactions and delayed recording expenses in the appropriate period."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
