Defendant Name:
Diageo plc
Defendant Type:
Public Company
Document Reference:
2020-36
Document Details
Legal Case Name
In the Matter of Diageo plc
Document Name
SEC Charges Global Alcohol Producer with Disclosure Failures
Document Date
19-Feb-2020
Document Format
Administrative Proceeding
Allegation Type
Issuer Reporting and Disclosure
Document Summary
The SEC "announced charges against
alcohol producer Diageo plc for failing to make required disclosures of known trends relating to the shipments of
unneeded products by its North American subsidiary to distributors. Diageo has agreed to pay $5 million to settle
the action."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Monetary Penalties:
Civil Penalty
Individual:
$5,000,000.00
Shared: