Defendant Name: Hill International, Inc.

Defendant Type: Public Company

Document Reference: LR-24720

Document Details

Legal Case Name SEC v. Hill International, Inc., Ronald Emma, and Nicholas Tornello
Document Name SEC Charges Construction Management Consulting Company and Former Employees with Accounting Fraud
Document Date 17-Jan-2020
Document Format Civil Proceeding
Case Number 20-cv-00447
Federal District Court New York, Southern District of New York
Allegation Type Issuer Reporting and Disclosure
Document Summary The SEC stated that: "[It] charged Hill International, Inc., a Pennsylvania-based construction management consulting company, and two of its former executives for engaging in fraudulent accounting practices and failing to maintain accurate books and records, which led Hill to artificially boost net earnings from approximately May 2014 to March 2017. The company and its former Chief Accounting Officer, Ronald Emma, have agreed to settlements to resolve the claims."

Disgorgement & Penalty Information

Resolutions
Enjoinment
Monetary Penalties:

Civil Penalty

Individual:     $500,000.00 Shared:    

Related Documents:

comp24720 16-Jan-2020 Complaint
Complaint
The SEC stated: "This action concerns accounting fraud and disclosure violations at Hill arising from repeated reporting errors and a failure to maintain accurate books and records. This misconduct led Hill to issue materially false and misleading financial statements from approximately May 2014 to March 2017."
court_doc29_20-cv-00447 03-Feb-2020 Court Docket Document
Final Judgment as to Defendant Hill International, Inc.
The Court issued a final judgment as to Defendant Hill International, Inc., stating: "Defendant Hill International, Inc. ("Defendant") . . . consented to the Court's jurisdiction over Defendant and the subject matter of this action; consented to entry of this Final Judgment without admitting or denying the allegations of the Complaint (except as to jurisdiction); waived findings of fact and conclusions of law; and waived any right to appeal from this Final Judgment."

Other Defendants in Action:

Ronald Emma

Related Actions:

In the Matter of Ronald Emma, CPA
Ronald Emma
SEC v. Nicholas Tornello
Nicholas Tornello
In the Matter of Nicholas Tornello, CPA
Nicholas Tornello